Science Applications International Corporation (NYSE:SAIC) is set to announce second quarter earning results on Wednesday 2nd September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, SAIC to report 2Q21 income of $ 1.44 per share from revenue of $ 1795.20 million.
For the full year, analysts anticipate top line of $ 7242.66 million, while looking forward to income of $ 6.13 per share bottom line.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 7,100.00 million ~ $ 7,300.00 million, where as bottomline are predicted in a range of $ 5.80 ~ $ 6.10 per share
Click Here For More Historical Outlooks Of Science Applications International Corporation
Previous Quarter Performance
Science Applications International Corporation posted income for the first quarter of $ 1.38 per share, from the revenue of $ 1,757.00 million. The quarterly earnings developed 1.47 percent compared with the same quarter last year. Street analysts expected Science Applications International Corporation to report income of $ 1.40 per share on revenue of $ 1718.88 million for the first quarter. The bottom line results missed street analysts by $ 0.02 or 1.43 percent, at the same time, top line results outshined analysts by $ 38.12 million or 2.22 percent.
Stock Performance
Shares of Science Applications International Corporation traded low $ -0.76 or -0.91 percent on Tuesday, reaching $ 82.70 with volume of 231.20 thousand shares. The stock opened down for the day at $ 83.38, after closing the previous day trading at $ 83.46.
According to the previous trading day, closing price of $ 83.46, representing a 83.63 % increase from the 52 week low of $ 45.45 and a 13.78 % decrease over the 52 week high of $ 96.80.
The company has a market capital of $ 4.81 billion and is part of the Technology sector and Information Technology Services industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.37 per share on June 4, 2020. The dividend were payable on July 31, 2020 to holders of record as of the close of business on July 17, 2020 and ex-dividend date on July 16, 2020.
Conference Call
Science Applications International Corporation will be hosting a conference call at 5:00 PM eastern time on 2nd September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.saic.com
Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The companys offerings include engineering; technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers IT infrastructure. It serves the U.S.
