
Science Applications International Corporation (SAIC) reported its third-quarter results on December 4. The company comfortably surpassed the consensus EPS and revenue estimates. In this piece, I have discussed why it could be prudent to buy the stock now.
For the quarter, SAIC’s EPS was 34.7% above the consensus estimate, while its revenue was 5.8% higher than analyst estimates. The company continued its stellar earnings history, beating the consensus EPS estimate in each of the trailing four quarters.