SAIC shares jump after raising annual forecasts

Science Applications International

31/08/2026 12:34

** Shares of Science Applications International Corp SAIC.O up ~9% at $137.02 premarket after co raises fiscal year 2027 profit, revenue forecasts
** Expects annual revenue in the range of $7.2 billion to $7.3 billion, compared with prior forecast of $7.0 billion to $7.2 billion 
** Sees FY2027 adj. EPS between $10.65 and $10.75, vs previous target between $9.90 and $10.10
**  The technology integrator, whose clients include the U.S. government, reports Q2 revenue of $1.88 billion, beating analysts' estimates of $ 1.77 billion - data compiled by LSEG
** Quarterly adj. EPS of $3.01 also beat expectations of $2.31 
** Up to last close, stock up ~25% YTD

 (Reporting by Shania S Thomas in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))