June 6, 2022 Pre-Market Earnings Report: SAIC, SRAX

JThe following companies are expected to report their results before the market opens on 06/06/2022. See our results calendar for a full list of expected results releases.
INTERNATIONAL SOCIETY OF SCIENTIFIC APPLICATIONS (SAIC) reports for the quarter ending April 30, 2022. The information technology services company’s consensus earnings per share forecast from the 7 analysts who track the stock is $1.78. This value represents a decrease of 8.25% compared to the same quarter last year. Over the past year, SAIC has exceeded expectations every quarter. The highest was in the 1st calendar quarter where they beat consensus by 27.12%. Zacks Investment Research reports that the 2023 price-to-earnings ratio for SAIC is 12.50 versus an industry ratio of 10.90, implying that they will have higher earnings growth than their competitors in the same industry.
SRAX, Inc. (SRAX) reports for the quarter ending March 31, 2022. The technology services company’s consensus earnings per share forecast from the top analyst tracking the stock is $0.08. This value represents an increase of 114.04% compared to the same quarter last year. The “days to cover” for this stock exceeds 10 days. Zacks Investment Research reports that the 2022 price-to-earnings ratio for SRAX is 10.57 versus an industry ratio of -1.80, implying that they will have higher earnings growth than their competitors in the same industry.
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