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Against the backdrop of a federal IT services sector where top-line growth has stayed broadly contained, Science Applications International Corporation (SAIC) reports second-quarter results before the opening bell on Monday, Aug.
Analysts expect quarterly earnings of $2.31 a share, down from $3.63 in the year-ago period. Revenue expectations tell a different story than the earnings line.
The consensus estimate for the quarter sits at $1.76 billion, close to the $1.77 billion SAIC recorded a year earlier, according to Benzinga Pro.
A top line that has moved sideways while per-share earnings drop sharply puts margin pressure at the center of Monday's release.
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