Earnings Preview: SAIC Reports Quarterly Results Wednesday

Aug.28.11 | About: Leidos Holdings, (LDOS)

SAIC, Inc. (SAI) is due to report earnings after the closing bell on Wednesday, August 31.

Overview
SAI trades an average of 3.6 million shares per day.

SAIC, Inc. scientific, engineering, systems integration, and technical services and solutions to various branches of the U.S. military, agencies of the U.S. Department of Defense, the intelligence community, the U.S. The company was founded in 1969 and is headquartered in McLean, Virginia.

52 Week High: $17.65
52 Week Low: $13.51
Book Value: $6.78
Float Short: 4.94%

On average, 13 analysts are expecting a drop of $-0.01 in earnings per share compared to last quarter's results of $0.36. Investors will be looking to see a number north of $0.35 per share, based on the earnings estimates. Analyst estimates range between $0.34 and $0.37 per share.

In the last month, the stock has decreased in price -9.92 %, with a one year change of -4.75%.
Comparing to the S&P 500 price changes, the price performances are -1.08% vs. the S&P 500 from a month ago, and year to date difference is -2.69% vs. the S&P 500 price change.

For the same fiscal period year-over-year, revenue has improved to $11.12 billion for 2011 vs. $10.85 billion for 2010. The bottom line has rising earnings year-over-year of $618.00 million for 2011 vs. $497.00 million for 2010. The company's earnings before income and taxes are rising with an EBIT year-over-year of $958.00 million for 2011 vs. $867.00 million for 2010.

Gross revenue is growing at an annual rate of 2.49%.
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Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Apr-11 $ 2.71 B $ 2.69 B $ -18.26 M -0.67%
Jan-11 $ 2.76 B $ 2.77 B $ 5.45 M 0.2%
Oct-10 $ 2.93 B $ 2.87 B $ -65.55 M -2.23%
Jul-10 $ 2.85 B $ 2.79 B $ -55.56 M -1.95%
Apr-10 $ 2.75 B $ 2.69 B $ -64.94 M -2.36%
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M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)
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Reported earnings per share compared to the mean estimate. Differences are rounded.

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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.