CACI Raises Guidance

CACI International Inc. on Thursday raised its guidance for the year, citing better performance in some markets and an improved tax rate.

The information technology company said it expects to earn $94.1 to $96.3 million, or $3.09 to $3.16 per share for the 2009 fiscal year. That's up from a previous estimate of $90 to $93 million, or $2.95 to $3.05 per share.

The company said its continued strong performance in the U.S. and better than expected performance in the U.K. spurred the change, along with a beneficial tax rate and gain associated with some commercial legal matters.

The company is scheduled to hold a call Friday to discuss the projections further.

Shares of CACI rose 63 cents to $39.72.

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