CACI International Q2 Profit Down

(RTTNews) - CACI International Inc. (CACI) Wednesday reported second-quarter net income of $35.0 million or $1.38 per share, down from $39.7 million or $1.69 per share last year.

Revenues for the quarter dropped to $894.2 million from $931.6 million last year.

Analysts polled by Thomson Reuters expected the company to earn $1.43 per share on revenues of $892.35 million for the quarter. Analysts' estimates typically exclude special items.

Looking forward to the full year, the company now expects earnings of $5.59 - $5.98 per share and revenues of $3.65 to $3.80 billion. Analysts currently estimate earnings of $5.82 per share on revenues of $3.56 billion for the year.

Previously, the company expected earnings of $5.70 to $6.10 per share with revenues ranging between $3.50 billion to $3.70 billion for the year.