CACI -8.1% AH on FY14 warning


CACI now expects FY14 (ends in June) revenue of $3.5B-$3.6B and EPS of $5.12-$5.51, below prior guidance of $3.65B-$3.8B and $5.59-$5.98, and a consensus of $3.71B and $5.78. (PR)

The defense IT services contractor says it's seeing contract award delays, lower run-rates for professional services contracts, and "reductions in Afghanistan-related material purchases."

CC at 8:30AM ET tomorrow. FQ3 results arrive on April 30.

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