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Top Wall Street Forecasters Revamp SAIC Expectations Ahead Of Q1 Earnings

1. SAIC to report Q1 earnings on June 2, expected profit at $2.13. 2. Analysts predict revenue increase to $1.87 million from $1.85 billion. 3. SAIC shares closed down 0.1% at $115.31. 4. Recent analyst ratings mixed, with some lowering targets. 5. Leadership change as Kathleen McCarthy appointed HR chief.

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FAQ

Why Neutral?

Earnings expectations are slightly positive but offset by mixed analyst ratings; historical examples show similar patterns with neutral results based on earnings forecasts and target adjustments.

How important is it?

This article's focus on earnings and analyst ratings highlights potential volatility for S&P 500; while SAIC is not a heavyweight, sentiment can influence broader market trends.

Why Short Term?

Earnings report coming soon, but the overall outlook from analysts may cause volatility rather than long-term growth.

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