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Why SAIC Stock Soared Today

TheMotleyFool

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Defense and IT contractor Science Applications International Corporation (NASDAQ: SAIC) -- "SAIC" to its friends -- got really popular this morning, soaring 17.9% through 11:15 a.m. ET after crushing its fiscal Q3 2026 earnings report.

Analysts thought SAIC would earn only $2.15 per share (adjusted for one-time items) on $1.87 billion in sales. SAIC nailed the sales forecast, but turned those sales into profit of $2.58 per share.

Image source: Getty Images.

Source Fool.com