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Tag Archives: financial report

August 10 Morning Report: GovCon Index Down on Friday’s Close

The GovCon Index closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) led gainers with a jump of 37.92 percent following a positive second quarter earnings report to close the week at 30.44. The Dow Jones Industrial Average declined 46.37 points to 17, 373.38, the Standard & Poor’s 500 composite index …

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August 7 Market Close: GovCon Index Dips, Earnings News Lifts Engility, US Stocks Down

The GovCon Index failed to hold its gains from the week’s worth of trading as it closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) shares skyrocketed 37.92 percent to 30.44 Friday after the government services contractor reported second quarter earnings that surpassed Wall Street’s consensus forecasts. Continued …

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Harris Tops Wall Street’s 4Q Earnings, Revenue Forecasts

Harris Corp. (NYSE: HRS) has reported fiscal year 2015 fourth quarter earnings of $1.32 per share, a figure adjusted for one-time gains and costs and seven cents higher than the Wall Street forecast of $1.21 per share. The Melbourne, Fla.-based communications technology maker included in its fourth quarter results activity …

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Engility Beats Wall Street 2Q Earnings Estimate, Adjusts FY 2015 Guidance

Engility Corp. (NYSE: EGL) has reported fiscal year 2015 second quarter earnings of 51 cents per share,  a figure that exceeded Wall Street analysts’ forecasts by five cents. The Chantilly, Va.-based government services contractor also raised its FY 2015 earnings guidance to a range of between $2.05 and $2.50 per share from …

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August 6 Market Close: GovCon Index Declines, Media Selloff Sinks US Markets

The GovCon Index gave up nearly half of its gains from Wednesday’s trading session to record a loss of 0.309 points and close at 76.497 Thursday. Orbital ATK (NYSE: OA) led Index gainers at 6.92 percent to 76.82 after the company reported second quarter earnings and revenue that beat Wall Street expectations. Huntington Ingalls …

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Maximus Meets 3Q Wall Street Earnings Estimate, Beats Revenue Forecast

Maximus (NYSE: MMS) has reported fiscal year 2015 third quarter earnings of 64 cents per share, a figure in line with Wall Street’s consensus projection. That figure includes costs related to the the Reston, Va.-based public sector health and human services contractor acquisitions of Acentia and Remploy, both of which …

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Orbital ATK Tops 2Q Wall Street Estimates By 26 Cents, Beats Revenue By $50M

Orbital ATK (NYSE: OA) has reported fiscal year 2015 second quarter earnings of $1.28 per share to beat the consensus Wall Street estimate by 26 cents. The Dulles, Va.-based rocket and launch vehicle manufacturer posted a $76.6 million profit for the quarter. Second quarter revenue was $1.13 billion and analysts’ projections by $50 million. …

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August 5 Market Close: GovCon Index Climbs, US Stocks Neutral on Oil Losses & Tech Earnings Reports

The GovCon Index showed strong movement after three days of flat activity to record a gain of 0.672 points and close at 76.807. Leidos (NYSE: LDOS) closed up 8.80 percent to $44.01 after the Reston, Va.-based contractor reported second quarter earnings that beat Wall Street consensus estimates. U.S. stocks traded in …

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Leidos Beats Wall Street 2Q Earnings Estimates, Roger Krone Offers Update on Defense Health Record Contract

Leidos (NYSE: LDOS) has reported earnings of 73 cents per share for its fiscal year 2015 second quarter, 16 cents more than the Wall Street consensus estimate of 57 cents per share and 12 cents higher than the prior year period. The Reston, Va.-based contractor, which has its fiscal year on …

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August 4 Market Close: GovCon Index Down, US Stocks Dip on Apple Losses

The GovCon Index mirrored slight downturns in U.S. markets during Tuesday’s trading session as it closed with a decline of 0.054 points to 73.135. Investors reacted to losses in Apple (Nasdaq: APPL) as the iPhone maker at one point traded 3.5 percent below its Monday closing price of 118.44, CNBC reported. Apple’s stock …

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