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0 0.00158497927334791 6.09607412825585E-05 -0.000243842965130581 -0.00219458668617419 -0.00316995854669599 -0.00353572299439169 -0.00664472079980495
Stock impact report

Weak Bookings, Weak Prospects Wreck SAIC Stock [The Motley Fool]

Science Applications International Corporation (SAIC) 
Last science applications international corporation earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.saic.com
Company Research Source: The Motley Fool
SAIC beat estimates for the quarter -- but the numbers were still weak. Rich Smith ( TMFDitty ) Jun 20, 2018 at 10:52AM Investors in Science Applications International Corporation ( NYSE:SAIC ) had a bad week last week: Its stock plunged 8% in a single day after it reported earnings -- and ended the week even lower. SAIC shares are clawing back some losses this week -- but do they deserve to? Let's find out. SAIC beat earnings last week, but then its stock crashed. Why was that? Image source: Getty Images. What SAIC said in the report SAIC's first fiscal quarter of 2018 actually didn't look that bad on the surface, with: Sales rising 7% year over year to $1.2 billion Operating profits up 5% at $66 million Net income per share up a similar 5% to $1.13 per share That being said, there were considerable caveats contained in SAI Show less Read more
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