The 10-second takeaway
For the quarter ended Dec. 31 (Q2), CACI International beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased significantly.
Margins increased across the board.
CACI International reported revenue of $973.2 million. The 15 analysts polled by S&P Capital IQ wanted to see sales of $954.7 million. Sales were 12% higher than the prior-year quarter's $867.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS came in at $1.51. The 11 earnings estimates compiled by S&P Capital IQ averaged $1.32 per share. GAAP EPS of $1.51 for Q2 were 40% higher than the prior-year quarter's $1.08 per share.
Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
For the quarter, gross margin was 30.2%, 40 basis points better than the prior-year quarter. Operating margin was 7.7%, 80 basis points better than the prior-year quarter. Net margin was 4.2%, 40 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $999.8 million. On the bottom line, the average EPS estimate is $1.43.
Next year's average estimate for revenue is $3.93 billion. The average EPS estimate is $5.66.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 151 members out of 163 rating the stock outperform, and 12 members rating it underperform. Among 54 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give CACI International a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CACI International is outperform, with an average price target of $65.20.
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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.