:

Business/Financial

CACI Provides Guidance For FY ’17 Short Of Consensus Estimates

By Cal Biesecker

Thursday, June 23rd, 2016

SHARE:

CACI Provides Guidance For FY ’17 Short Of Consensus Estimates

CACI President and CEO Ken Asbury

CACI International [CACI] on Thursday introduced financial guidance for its fiscal year 2017 that begins on July 1 that shows strong top and bottom line growth driven by a recent acquisition but which falls short of analysts’ expectations.The company is forecasting net income in FY ’17 between $150 million, $6.02 earnings per share (EPS), and $160 million ($6.43 EPS), versus guidance for FY ’16 between $133 million ($5.37 EPS) and $140 million ($5.65 EPS). Analysts are estimating $6.50 EPS in…

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]