CACI International (NYSE:CACI) reported its Q3 earnings results on Wednesday, April 27, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
CACI International missed estimated earnings by 3.13%, reporting an EPS of $4.64 versus an estimate of $4.79.
Revenue was up $32.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.69 which was followed by a 8.37% drop in the share price the next day.
Here's a look at CACI International's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 4.52 | 3.89 | 5.56 | 3.70 |
| EPS Actual | 3.83 | 3.70 | 5.74 | 4.78 |
| Revenue Estimate | 1.53B | 1.50B | 1.57B | 1.57B |
| Revenue Actual | 1.49B | 1.49B | 1.56B | 1.55B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
CACI International management provided guidance for FY 2022, expecting earnings between $17.51 and $17.93 per share.
To track all earnings releases for CACI International visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
