The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is pegged at $4.84, suggesting a 27% rise from the year-ago reported figure.
In the last reported quarter, the company delivered earnings of $4.64 per share, marginally beating the Zacks Consensus Estimate by 0.7%. Additionally, the bottom line improved 9.2% year over year on the back of higher revenues.
Let’s see how things are shaping up prior to the announcement.
The company’s revenues are likely to have gained from its superior performing Government business segment. The Zacks Consensus Estimate for second-quarter revenues stands at $25.4 billion, implying a 10.6% increase from the prior-year reported number.