SAIC Q2 Earnings Beat: Will Strong FY25 Guidance Lift Shares?
SAICSAIC(SAIC) ZACKS·2024-09-06 22:36

Science Applications International Corporation (SAIC) reported better-than-expected results for the second quarter of fiscal 2025. The company’s second-quarter adjusted earnings remained flat on a year-over-year basis at 2.05pershareandsurpassedtheZacksConsensusEstimateof2.05 per share and surpassed the Zacks Consensus Estimate of 1.86.Considering better-than-expected second-quarter performance, SAIC initiated a strong fiscal guidance for 2025. The stock has gained 8.8% in the year-to-date period. We expect its share price to improve, given the strong gui ...