Amentum Q3 Revenue Misses, FY26 Outlook Cut Despite EPS Beat
AMTM is trading near its 52-week low of $19.802 (6.1% above the low).
Summary
Amentum's Q3 revenue fell 2% to $3.49B, missing the $3.57B consensus, while adjusted EPS of $0.67 beat by $0.06. The top-line miss was driven by contract transitions to joint ventures and prior-year divestitures, partially offset by new awards in digital infrastructure and space. Management cut FY26 revenue guidance to $13.8B-$13.95B from $13.95B-$14.3B, but raised adjusted EBITDA and EPS outlooks on margin expansion, now seeing FY26 adjusted EPS of $2.40-$2.50. The mixed picture—weaker sales but stronger profitability—will force traders to weigh the revenue trajectory against improving bottom-line execution. The stock closed at $21.01, well below the $24.77 reference in the article, suggesting the market had already priced in concerns before this report.
At the time of this announcement, AMTM was trading at $21.01 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 neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.