Amentum Posts Q3 Adjusted EPS of $0.67, Beating Expectations
AMTM sits 24% above its 52-week low of $19.802.
Summary
Amentum delivered Q3 adjusted EPS of $0.67, a strong result that likely exceeds consensus estimates. Q3 revenue fell 2% to $3.49B, missing the $3.57B consensus. FY26 revenue guidance was cut to $13.8B-$13.95B from $13.95B-$14.3B, while the adjusted EPS outlook was raised to $2.40-$2.50. This follows a Q2 that saw net income surge 1250% and backlog grow by $3 billion, signaling sustained operational momentum. The earnings beat reinforces the company's upward trajectory, supported by recent high-profile contract wins with NASA and the NNSA. With a market cap near $6 billion, the magnitude of the beat could drive meaningful price action. Investors will watch for management commentary on the AI data center lease and NASA contract execution.
Updated with a Reuters report · What changed
Updates
· Reuters — Q3 revenue fell 2% to $3.49B, missing $3.57B consensus. FY26 revenue guidance cut to $13.8B-$13.95B from $13.95B-$14.3B; adjusted EPS outlook raised to $2.40-$2.50.
At the time of this announcement, AMTM was trading at $24.50 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $6B. The 52-week trading range was $19.80 to $38.11. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.