Amentum (AMTM) Projected to Post Earnings on Wednesday

Amentum (NYSE:AMTM) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.45 per share and revenue of $3.35 billion for the quarter. Amentum has set its FY 2025 guidance at 2.000-2.200 EPS and its FY25 guidance at $2.00-2.20 EPS.Investors interested in participating in the company’s conference call can do so using this link.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, December 16th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.10. On average, analysts expect Amentum to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Amentum Price Performance

Shares of AMTM opened at $20.95 on Monday. Amentum has a fifty-two week low of $18.38 and a fifty-two week high of $34.50. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 1.02. The business has a 50-day moving average price of $22.24.

Wall Street Analysts Forecast Growth

AMTM has been the topic of a number of recent research reports. Truist Financial began coverage on shares of Amentum in a research note on Monday, October 14th. They set a “buy” rating and a $31.00 price target on the stock. Royal Bank of Canada started coverage on Amentum in a research report on Friday, January 10th. They set a “sector perform” rating and a $24.00 target price on the stock. Finally, Raymond James began coverage on Amentum in a research report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 price target for the company.

Amentum Company Profile

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.