CACI International Inc (NYSE: CACI), a leading information solutions and services provider to the federal government, issued its guidance for its Fiscal Year 2014 (FY14), which begins July 1, 2013, and reiterated its Fiscal Year 2013 (FY13) revenue and net income guidance.
Guidance for Fiscal Year 2014
For FY14 we expect revenue to be between $3.5 billion and $3.7 billion. We expect net income to be between $142 million and $152 million and diluted earnings per share (EPS) to be between $5.70 and $6.10. Our FY14 guidance assumes that the number of diluted weighted average shares will be approximately 24.9 million. We expect that operating cash flow for the year will be approximately $225 million. The guidance does not include the impact of future acquisitions.
The table below summarizes our FY14 guidance ranges and represents our views as of June 26, 2013:
(In millions except for earnings per share)
|Fiscal Year 2014|
|Revenue||$3,500 - $3,700|
|Net income attributable to CACI||$142 - $152|
|Effective corporate tax rate||39%|
|Diluted earnings per share||$5.70 - $6.10|
|Diluted weighted average shares||24.9|
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