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Benzinga
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Science Applications International Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. SAIC's Q4 earnings expected at $2.09 per share, up from $1.43. 2. Projected revenue for Q4 is $1.81 billion, an increase from last year. 3. SAIC announced a strategic partnership with Defense Unicorns on March 12. 4. SAIC shares fell 0.4% to $104.26 ahead of earnings announcement. 5. Analyst ratings mixed, with price targets adjusted down overall.

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FAQ

Why Neutral?

While earnings are projected to rise, recent downgrades from analysts offset optimism. Historical patterns show mixed reactions to earnings beats, often leading to short-term volatility.

How important is it?

The upcoming earnings report and strategic partnership could significantly affect investor sentiment and stock performance.

Why Short Term?

Earnings report due soon will likely influence short-term trading. Past reports have shown immediate reactions but flattens out after earnings are digested.

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