Science Applications International Corp (SAIC) surged 5.80% in pre-market trading following the release of its Q3 earnings report and FY2026 guidance. The company reported adjusted EPS of $2.58, significantly beating the consensus estimate of $2.15, while revenue of $1.866B slightly missed expectations.
The stock's rally was driven by SAIC's optimistic FY2026 adjusted EPS guidance of $9.80-$10.00, which exceeded FactSet estimates of $9.55. Additionally, the company reported strong Q3 net bookings of $2.2B, signaling robust future revenue potential. The market reacted positively to the earnings beat and upward EPS revision despite the minor revenue shortfall.
SAIC's revenue guidance for FY2026 of $7.28B-$7.33B was in line with estimates, further supporting investor confidence in the company's growth trajectory.