SAIC Earnings: Here’s What Investors Need to Know Before Earnings
SAIC (NYSE:SAI) will report earnings after markets close on Tuesday, March 26th. SAIC, Inc. provides scientific, engineering, systems integration and technical services and solutions in such areas as national security, intelligence and homeland defense.
Here is your Cheat Sheet to SAIC Earnings:
Earnings Expectations: Analysts expect earnings of $0.52 per share on revenues of $2.71 billion. Currently, the company’s P/E ratio stands at 23.62.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.32 to a profit $0.31. For the current year, the average estimate is a profit of $1.52, which is better than the estimate ninety days ago.
Here’s how SAIC has been performing on an annual basis:
|Revenue ($) in millions||8,926||10,070||10,580||10,920||10,590|
|Diluted EPS ($)||0.98||1.09||1.23||1.64||0.18|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Oct. 31, 2011||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012|
|Revenue ($) in millions||2,790||2,513||2,782||2,848||2,870|
|Diluted EPS ($)||-0.27||-0.41||0.35||0.32||0.33|
SAIC has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)