CACI International Q1 revenue misses estimates, raises FY27 outlook

CACI International

Yesterday 21:27

Overview
US defense technology provider's fiscal Q1 revenue grew 8.2% yr/yr but missed analyst expectations
Adjusted EPS for fiscal Q1 rose 11.8% yr/yr and beat analyst expectations
Company raised fiscal yr 2027 guidance for revenue and adjusted EPS

Outlook
CACI raises FY27 revenue guidance to $10.7 bln-$10.9 bln from $10.65 bln-$10.85 bln
Company lifts FY27 adjusted EPS outlook to $33.18-$34.08 from $32.96-$33.86
CACI reaffirms FY27 free cash flow guidance of at least $900 mln

Result Drivers
ORGANIC GROWTH - Co said Q1 revenue growth included 2.1% organic growth
HIGHER GROSS PROFIT - Co attributed increased income from operations to higher revenues and gross profit
INCOME FROM OPERATIONS - Co said higher income from operations drove EPS and adjusted EPS growth, partially offset by higher interest expense and tax provision

Company press release: ID:nPn4YpTCla

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$2.47 bln
$2.51 bln (15 Analysts)
Q1 Adjusted EPS
Beat
$7.66
$6.63 (15 Analysts)
Q1 EPS
 
$5.84
 
Q1 Adjusted Net Income
 
$171 mln
 
Q1 Net Income
 
$130.40 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for CACI International Inc is $714.00, about 17.5% above its October 20 closing price of $607.75
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)