RESTON, Va. (AP) — RESTON, Va. (AP) — CACI International Inc. (CACI) on Wednesday reported fiscal second-quarter profit of $123.9 million.
The Reston, Virginia-based company said it had net income of $5.59 per share. Earnings, adjusted for one-time gains and costs, came to $6.81 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $6.41 per share.
The defense contractor posted revenue of $2.22 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $2.27 billion.
CACI International expects full-year earnings in the range of $28.25 to $28.92 per share, with revenue in the range of $9.3 billion to $9.5 billion.
CACI International shares have climbed 19% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $632.56, an increase of 36% in the last 12 months.
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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
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