Science Applications International Corporation (SAIC) saw its stock price surge 11.61% in pre-market trading on Monday. The significant upward movement followed the release of the company's fiscal first-quarter 2027 financial results, which handily exceeded analyst expectations.

The technology integrator reported adjusted earnings per share of $3.23 for the quarter, a substantial beat compared to the FactSet consensus estimate of $2.28. Revenue came in at $1.91 billion, also topping the expected $1.82 billion. The strong performance was driven by improved profitability across the company's contract portfolio and a gain from the sale of an investment.

In response to the robust start to the fiscal year, SAIC raised its full-year guidance. The company now expects adjusted EPS in the range of $9.90 to $10.10 for fiscal 2027, up from its previous forecast of $9.50 to $9.70. Management highlighted record margin achievement and modest organic growth as key factors behind the optimistic outlook, fueling investor confidence and the pre-market rally.