Amentum's Q3 Earnings: Flat Revenue, Beating Estimates?

Amentum Holdings, a government engineering solutions provider, is set to release its latest financial results this week. Last quarter, the company exceeded revenue expectations by 1.5%, bringing in $3.56 billion, a 2% increase from the previous year. While it missed full-year guidance, analysts predict flat revenue and improved earnings per share for this quarter. Amentum has a history of exceeding Wall Streets expectations, consistently beating revenue estimates by an average of 1.9% since going public. Meanwhile, competitors like UL Solutions and Jacobs Solutions have reported mixed results, with UL Solutions stock trading up 9.1% and Jacobs Solutions stock experiencing a 11.2% downturn.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.