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CACI International

CACI Shares Drop As Full-year Outlook Cut

CACI International Inc. shares fell in the extended session Wednesday after the government IT contractor cut its outlook for the year. CACI shares fell 8.6% to $68.18 on light volume. The firm lowered its full-year earnings outlook to a range of $5.12 to $5.51 a share, from a previous $5.59 to $5.98 a share, and trimmed its revenue outlook to a range of $3.5 billion to $3.6 billion, from a previous $3.65 billion to $3.8 billion. Analysts surveyed by FactSet are expecting $5.78 a share on revenue of $3.71 billion.Copyright © 2014 MarketWatch, Inc....

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