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CSRA misses 2Q profit forecasts

FALLS CHURCH, Va. (AP) _ CSRA Inc. (CSRA) on Tuesday reported fiscal second-quarter net income of $76 million.

The Falls Church, Virginia-based company said it had profit of 46 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The information technology services provider posted revenue of $1.27 billion in the period, which met Street forecasts.

CSRA expects full-year earnings in the range of $1.88 to $2 per share, with revenue in the range of $5 billion to $5.2 billion.

CSRA shares have decreased slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $31.73, a rise of 20 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSRA at https://www.zacks.com/ap/CSRA