CACI International: Fiscal Q1 Earnings Snapshot

RESTON, Va. (AP) — RESTON, Va. (AP) — CACI International Inc. (CACI) on Wednesday reported fiscal first-quarter profit of $130.4 million.

On a per-share basis, the Reston, Virginia-based company said it had net income of $5.84. Earnings, adjusted for one-time gains and costs, were $7.66 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $6.45 per share.

The defense contractor posted revenue of $2.47 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $2.5 billion.

CACI International expects full-year earnings in the range of $33.18 to $34.08 per share.

CACI International shares have risen 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $623.38, an increase of 17% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CACI at https://www.zacks.com/ap/CACI