Science Applications International Corp. reported second-quarter earnings that surpassed analyst expectations, with adjusted earnings per share of $3.01 compared with a $2.31 consensus estimate. Revenue totaled $1.88 billion, above the $1.76 billion forecast.
The company also raised its full-year 2027 guidance, projecting earnings per share in a range of $10.65 to $10.75, up from a prior consensus of $9.95. Revenue guidance was increased to $7.20 billion–$7.30 billion, marginally above the $7.19 billion estimate.
Shares of SAIC closed at $125.96 on Friday, up 9.79% over the past three months and 7.02% year-over-year. The stock had declined 2.33% in pre-market trading following the results.
Analysts have revised earnings estimates over the last 90 days, with three upward adjustments and five downward revisions. The company’s financial health was described as performing well, according to InvestingPro metrics.
