China Online Education: Q2 Earnings Insights

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Billionaire David Shaw Pours Money Into 3 “Strong Buy” Stocks

Are the tides turning on Wall Street? Stocks fell in the past three trading sessions, as investors abandoned the tech heavyweights that have been at the forefront of the market’s remarkable charge forward. What’s behind the sell-off? Sky-high valuations reminiscent of the dot-com era have sparked fears of a tech bubble. To this end, investors are wondering if this pullback is just a correction, or if it is the start of a larger drawdown.In times like these, the legends can offer some guidance. We are referring to the people that transformed the way we play the investing game, namely David Shaw.A former Columbia University computer-science professor, Shaw founded the D. E. Shaw group at a small bookstore in New York City in 1988. Starting out with six employees and $28 million in capital, he pioneered a new investing approach,

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Science Applications International Corp Expected to Earn Q3 2021 Earnings of $1.52 Per Share (NYSE:SAIC)

Science Applications International Corp (NYSE:SAIC) – Equities researchers at Jefferies Financial Group lowered their Q3 2021 earnings per share estimates for shares of Science Applications International in a research report issued on Wednesday, September 2nd. Jefferies Financial Group analyst S. Kahyaoglu now expects that the information technology services provider will post earnings per share of $1.52 for the quarter, down from their previous estimate of $1.56. Jefferies Financial Group also issued estimates for Science Applications International’s Q4 2021 earnings at $1.47 EPS.

Science Applications International (NYSE:SAIC) last announced its quarterly earnings data on Wednesday, September 2nd. The information technology services provider reported $1.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.44 by $0.19. The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Science Applications International had a return on equity of 25.96% and a net margin

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Science Applications (SAIC) Q2 Earnings Beat, Increase Y/Y

Science Applications SAIC reported mixed results for second-quarter fiscal 2021, wherein its earnings topped the Zacks Consensus Estimate but revenues missed the same. Nonetheless, the company recorded year-over-year growth in both the metrics.

The company’s fiscal second-quarter adjusted earnings surged 21% year over year to $1.63 per share and surpassed the Zacks Consensus Estimate of $1.42 per share. The year-over-year upside was mainly driven by higher revenues and reduced outstanding share count.

Quarterly revenues jumped 11% from the year-ago period to $1.76 billion. Revenues realized from the acquisition of Unisys Federal mainly drove the top line. Solid performance of the company’s contract portfolio was a tailwind. Adjusting for the impact of acquired revenues, the metric inched down 0.7%. Moreover, quarterly revenues fell short of the consensus mark of $1.79 billion.

Science Applications International Corporation Price, Consensus and EPS Surprise Science Applications International Corporation Price, Consensus and EPS Surprise

Science Applications International Corporation price-consensus-eps-surprise-chart | Science Applications International Corporation Quote

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