Stanley sees 1Q profit matching or topping Street

Stanley, which provides information technology services to various government agencies, on Wednesday said it expects its fiscal first-quarter profit to top Wall Street expectations, but revenue may fall a little short.

For the quarter ended June 26, the company said it expects profit to fall between 41 cents and 43 cents per share.

Revenue should come in between $206 million and $215 million, Stanley said.

Analysts, on average, expect first-quarter profit of 41 cents per share, with estimates ranging from 39 cents to 44 cents. The Street expects revenue of $217.6 million, with estimates ranging from $210 million to $230 million.

The forecast follows a strong fiscal fourth-quarter report, in which profit and revenue both topped analysts' views.

Stanley shares closed Wednesday trading up 36 cents at $26.44.