Amentum reports Q3 adjusted EPS 56c, consensus 53c

Reports Q3 revenue $3.6B, consensus $3.51B. “Amentum’s (AMTM) third quarter performance reflects strong execution and demonstrates the continued strength of our business,” said Amentum Chief Executive Officer John Heller. “We’re seeing benefits from our integration efforts and mission-focused portfolio converge with tailwinds from enduring global trends and an improving budget environment. In addition, the successful divestiture of Rapid Solutions combined with our strategic growth initiatives enhance our financial flexibility and provide momentum for future growth as we head into the fourth quarter and beyond. We’re pleased with our performance and excited about our ability to deliver long-term value for customers, employees and shareholders.”