CACI Provides Guidance For FY16; Reaffirms Expectations For FY15

(RTTNews) - CACI International Inc (CACI), a provider of information solutions to the federal government, on Wednesday provided guidance for the fiscal year 2016, expecting earnings of $5.24 to $5.65 a share on revenues of $3.3 billion to $3.5 billion.

Analysts polled by Thomson Reuters expect the company to report earnings of $5.57 per share on revenues of $3.43 billion for 2016. Analysts' estimates typically exclude special items.

"Our focus on delivering larger, higher-end solutions will drive organic revenue and net income growth for FY16 and the long term," said Ken Asbury, the company's chief executive officer.

The company reiterated its guidance for 2015, estimating earnings of $5.12 to $5.33 a share on revenues of $3.3 billion to $3.35 billion.

Analysts expect the company to report earnings of $5.19 per share on revenues of $3.32 billion for 2015.