Science Applications Intl Earnings Preview

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Science Applications Intl SAIC will be releasing its next round of earnings this Thursday, June 03. For all of the relevant information, here is your guide for Thursday'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

Based on management's projections, Science Applications Intl analysts model for earnings of $1.51 per share on sales of $1.81 billion. In the same quarter last year, Science Applications Intl posted EPS of $1.38 on sales of $1.76 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 9.42% increase in the company's earnings. Revenue would be up 3.02% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 1.45 1.53 1.44 1.40
EPS Actual 1.67 1.62 1.63 1.38
Revenue Estimate 1.78 B 1.83 B 1.80 B 1.72 B
Revenue Actual 1.72 B 1.82 B 1.76 B 1.76 B

Stock Performance

For a full 12 months, the return has risen by 1.08%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Science Applications Intl is scheduled to hold the call at 17:00:00 ET and can be accessed here.

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