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Preview: CACI International's Earnings

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CACI International (NYSE: CACI) announces its next round of earnings this Wednesday, October 28. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts covering CACI International modeled for quarterly EPS of $3.11 on revenue of $1.46 billion. CACI International earnings in the same period a year ago was $2.66 per share. Quarterly sales came in at $1.36 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 16.92% increase in the company's earnings. Revenue would be up 7.12% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2020 Q3 2020 Q2 2020 Q1 2019
EPS Estimate 3.44 3.15 2.78 2.63
EPS Actual 3.68 3.16 3.11 2.66
Revenue Estimate 1.47 B 1.44 B 1.37 B 1.35 B
Revenue Actual 1.50 B 1.47 B 1.40 B 1.36 B

Stock Performance

Shares of CACI International were trading at $205.9 as of October 26. Over the last 52-week period, shares are down 8.8%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. CACI International is scheduled to hold the call at 08:30:00 ET and can be accessed here.

 

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Posted-In: Earnings