CACI Q4 Results Top Estimates; Backs FY15 Views

(RTTNews) - CACI International Inc (CACI) reported net income for the fourth quarter of $36.5 million or $1.49 per share, compared to $37.9 million or $1.56 per share for the year-ago quarter.

Revenue for the fourth quarter fell 0.8% to $905.7 million from $912.9 million a year ago, mainly due to fewer Afghanistan-related material purchases and subcontract labor, lower run rates on professional services contracts, and delays in planned contract awards.

Analysts polled by Thomson Reuters expected the company to earn $1.43 per share on revenue of $891.63 million for the fourth quarter.

Looking forward, the company reiterated its fiscal 2015 guidance, which calls for revenue of $3.30 billion to $3.60 billion and earnings of $5.10 to $5.51 per share. Analysts currently expect the company to earn $5.33 per share on revenue of $3.55 billion for the fiscal year 2015.