SAIC (SAIC) Stock Increases Over 3%: Details

By Amit Chowdhry ● Dec 5, 2022
  • The stock price of SAIC (SAIC) increased by over 3% intraday today. This is why.

The stock price of SAIC (SAIC) increased by over 3% intraday today.

Why: Q3 results

Results: SAIC reported a Q3 EPS of $1.90, which was $0.16 higher than analyst estimates of $1.74. And the revenue for the quarter was $1.91 billion compared to the consensus estimate of $1.87 billion.

Guidance: SAIC estimates FY 2023 EPS of $7.05 to $7.20 compared to the consensus of $7.08. And SAIC estimates FY 2023 revenue of $7.6 billion compared to the consensus of $7.53 billion.