RESTON, Va. (AP) — RESTON, Va. (AP) — CACI International Inc. (CACI) on Wednesday reported fiscal third-quarter profit of $100.7 million.
On a per-share basis, the Reston, Virginia-based company said it had net income of $4.33. Earnings, adjusted for one-time gains and costs, came to $4.92 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.64 per share.
The defense contractor posted revenue of $1.74 billion in the period, which also beat Street forecasts. Eight analysts surveyed by Zacks expected $1.65 billion.
CACI International expects full-year earnings in the range of $18.09 to $18.72 per share, with revenue in the range of $6.68 billion to $6.75 billion.
CACI International shares have climbed slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $300.73, an increase of almost 7% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CACI at https://www.zacks.com/ap/CACI
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.