Science Applications Int'l Corp (SAIC)

[DMOST]

So, a 3 cent miss from analysis expectations, on a per share bases 89 cents versus 91 cents expected. $36 million in net profits for the quarter off revenue of $1.08 billion. Yet a $10 million miss off analysis expectations.

So what will this sentiment and response bring to those holding retail shares today?

SAIC misses Street 2Q forecasts
[Associated Press]
Associated PressSeptember 8, 2017

MCLEAN, Va. (AP) _ Science Applications International Corp. (SAIC) on Thursday reported fiscal second-quarter profit of $36 million.

On a per-share basis, the McLean, Virginia-based company said it had net income of 80 cents. Earnings, adjusted for non-recurring costs, were 89 cents per share.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.

The information technology company posted revenue of $1.08 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.09 billion.

SAIC shares have dropped 12 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $74.66, a rise of 14 percent in the last 12 months.
https://finance.yahoo.com/news/saic-misses-street-2q-forecasts-203238072.html

WE WILL SEE.

GO SAIC

"PEACE"

SAIC Announces Second Quarter of Fiscal Year 2018 Results
https://finance.yahoo.com/news/saic-announces-second-quarter-fiscal-201500388.html