FX.co ★ CACI International Inc. Q1 Profit Increases, Beats Estimates

CACI International Inc. (CACI) reported an impressive increase in its first-quarter profit, surpassing Wall Street projections. The company posted earnings of $120.2 million, or $5.33 per share, compared to $86.0 million, or $3.76 per share, in the corresponding period of the previous year.

When adjusted for special items, CACI's earnings for the quarter were $133.6 million, translating to $5.93 per share. This performance exceeded the consensus estimate of $5.07 per share, as calculated by analysts at Thomson Reuters, who typically exclude one-time items from their forecasts.

The company's quarterly revenue also saw a substantial rise, increasing by 11.2% to $2.057 billion, up from $1.850 billion in the same quarter last year.

For a quick summary of CACI's earnings based on Generally Accepted Accounting Principles (GAAP):

- First Quarter Earnings: $120.2 million compared to $86.0 million last year.

- Earnings Per Share (EPS) for Q1: $5.33, up from $3.76 last year.

- Revenue for Q1: $2.057 billion, increased from $1.850 billion last year.

Additionally, CACI provided guidance for the full fiscal year, projecting an EPS range of $22.89 to $23.78 and anticipated revenue ranging between $8.100 billion and $8.300 billion.