CACI International exceeds Q4 revenue and profit expectations, raises guidance, leading to positive market impact.
From StockStory.org – The Motley Fool: 2025-01-22 17:03:12
CACI International (NYSE:CACI) reported Q4 CY2024 results with revenue up 14.5% to $2.1 billion, beating analyst estimates. Non-GAAP profit was $5.95 per share, 14.4% above consensus. Revenue guidance for the full year is $8.55 billion. Backlog is at $31.8 billion, up 18.2% year on year. Operating margin improved to 8.6%. CACI offers defense, intelligence, and IT solutions with focus on government transformation and national security. Sales growth has been consistent, with yearly revenue growth of 14.5% and expected 9.9% growth in the next 12 months. Operating margin is stable at 8.5%, with Q4 margin at 8.6%. Earnings per share grew at 15% annually over the last five years, with Q4 EPS at $5.95. Wall Street expects full-year EPS to grow 6%.
Overall, CACI had a strong quarter, beating expectations in revenue, profit, and backlog. The company raised its full-year revenue and EPS guidance, leading to a 1.5% increase in stock price post-earnings report. While the quarter was positive, it’s important to consider the longer-term business quality and valuation before making an investment decision.
Read more at StockStory.org – The Motley Fool: CACI (NYSE:CACI) Exceeds Q4 Expectations
