The markets this week will focus on corporate earnings results and economic news. On Wednesday, Jan nonfarm payrolls are expected to climb +68,000, and the Jan unemployment rate is expected to remain unchanged at 4.4%. Also, Jan average hourly earnings are expected to rise by +0.3% m/m and +3.7% y/y. On Thursday, initial weekly unemployment claims are expected to fall by -7,000 to 224,000. Also, Jan existing home sales are expected to decline by -4.3% m/m to 4.16 million. On Friday, Jan CPI is expected to b ...

Chantilly, Va.-based engineering firm Amentum Holdings (NYSE: AMTM) stock tumbled 9.6% through 10:15 a.m. ET Tuesday after reporting mixed results in its Q1 2026 earnings report this morning. Heading into the report, analysts forecast Amentum would earn $0.52 per share on $3.3 billion in quarterly sales. Amentum beat the earnings forecast with a $0.52 profit, but missed on sales, reporting just over $3.2 billion. Will AI create the world's first trillionaire? Our team just released a report on the one lit ...

Amentum (NYSE:AMTM) Q1 2026 Earnings call February 10, 2026 08:30 AM ET Company ParticipantsAndrew Harte - DirectorColin Canfield - DirectorJohn Heller - CEOKenneth Herbert - Managing DirectorMariana Perez Mora - Managing DirectorNathan Rutledge - Senior VP and Head of Investor RelationsSteve Arnette - COOTobey Sommer - Managing DirectorTravis Johnson - CFOConference Call ParticipantsGavin Parsons - AnalystKristine Liwag - Research AnalystSeth Seifman - AnalystTrevor Walsh - Research AnalystOperatorI would ...

Amentum (NYSE:AMTM) Q1 2026 Earnings call February 10, 2026 08:30 AM ET Company ParticipantsAndrew Harte - DirectorColin Canfield - DirectorJohn Heller - CEOKen Herbert - Managing DirectorMariana Perez Mora - Managing DirectorNathan Rutledge - Senior VP and Head of Investor RelationsSteve Arnette - COOTobey Sommer - Managing DirectorTravis Johnson - CFOConference Call ParticipantsGavin Parsons - AnalystKristine Liwag - Research AnalystSeth Seifman - AnalystTrevor Walsh - Research AnalystOperatorI would now ...

Amentum (NYSE:AMTM) Q1 2026 Earnings call February 10, 2026 08:30 AM ET Speaker3I would now like to turn the conference over to Nathan Rutledge.Speaker5Thank you, and good morning, everyone. We hope you've had an opportunity to read our earnings release, which we issued yesterday afternoon and is posted on our investor relations website. We have also provided presentation slides to facilitate today's call, so let's move to slide 2. Please note that this morning's discussion will contain forward-looking stat ...

Financial Performance - Revenues for the three months ended January 2, 2026, were $3,237 million, a decrease of 5.2% compared to $3,416 million for the same period in 2024, primarily due to government shutdown impacts and contract transitions [81]. - The Digital Solutions segment reported revenues of $1,337 million, an increase of 4% from $1,286 million in the prior year, driven by new contract awards [90]. - The Global Engineering Solutions segment experienced a revenue decline of 11% to $1,900 million from $2,130 million, attributed to contract transitions and government shutdown impacts [92]. - Net income attributable to common shareholders increased significantly to $44 million, up 266.7% from $12 million in the previous year [81]. - Cost of revenues as a percentage of revenues was 89.9% for the three months ended January 2, 2026, compared to 89.4% for the same period in 2024 [82]. - Selling, general, and administrative expenses decreased to 3.6% of revenues, down from 3.8% in the prior year, reflecting operational efficiencies [83]. Tax and Backlog - The effective tax rate for the three months ended January 2, 2026, was 31.3%, a decrease from 53.3% in the prior year, primarily due to a valuation allowance against a disallowed interest expense deferred tax asset [87]. - The company's backlog includes both funded and unfunded contracts, representing future revenue potential, with funded backlog being the contract value for which funding is appropriated [95]. - As of January 2, 2026, the total backlog was $47.2 billion, an increase of $2.0 billion from $45.2 billion on December 27, 2024, with a funded backlog of $6.9 billion [96]. Revenue Sources and Contracts - Approximately 81% of revenues were generated from contracts with the U.S. federal government, indicating a strong reliance on government contracts [75]. - The company is strategically aligned with long-term federal government priorities, including increased spending on modernization and defense initiatives [80]. - For the three months ended January 2, 2026, 57% of revenues were generated under cost-plus-fee contracts, which have limited inflation risk [97]. Cash Flow and Liquidity - Net cash used in operating activities decreased by $246 million to $(136) million for the three months ended January 2, 2026, compared to $110 million for the same period in 2024 [106]. - The Company reported a net cash used in investing activities of $(33) million for the three months ended January 2, 2026, an increase of $25 million compared to $(8) million in the prior year [107]. - The Company believes that its combination of internally generated funds and available bank borrowings will provide necessary liquidity for at least the next twelve months [102]. - The Company had a net change in cash and cash equivalents of $(190) million for the three months ended January 2, 2026, compared to an increase of $70 million in the same period in 2024 [106]. Debt and Interest Rates - The Term Loan requires quarterly principal amortization payments of $9 million, which commenced on March 31, 2025 [99]. - The Company has entered into floating-to-fixed interest rate swap agreements for an aggregate notional amount of $1.6 billion related to a portion of its variable rate debt [111]. - The remaining balance under the Term Loan is subject to interest rate fluctuations, with a $1 million fluctuation in interest rates affecting interest expense by approximately $8 million [111]. - The Company was in compliance with all covenants as of January 2, 2026 [101].

Earnings Conference Call First Quarter Fiscal Year 2026 February 10, 2026 Advancing the future together A M E N T U M P R O P R I E T A R Y The appearance of U.S. Department of Defense (DOD) visual information does not imply or constitute DOD endorsement. Forward Looking Statements and Disclaimers Cautionary Note Regarding Forward Looking Statements This presentation contains or incorporates by reference statements that relate to future events and expectations and, as such, could be interpreted to be "forwa ...

Core Insights - Amentum Holdings reported a revenue of $3.24 billion for the quarter ended December 2025, reflecting a 5.2% decline year-over-year and a revenue surprise of -2.98% compared to the Zacks Consensus Estimate of $3.34 billion. The EPS was $0.54, slightly up from $0.51 in the previous year, with an EPS surprise of +1.89% against the consensus estimate of $0.53 [1]. Financial Performance - Revenue from Global Engineering Solutions (GES) was $1.9 billion, falling short of the average estimate of $2.04 billion from three analysts [4]. - Revenue from Digital Solutions (DS) reached $1.34 billion, exceeding the average estimate of $1.27 billion from three analysts [4]. - Adjusted EBITDA for GES was reported at $160 million, slightly above the average estimate of $157.08 million from two analysts [4]. - Adjusted EBITDA for DS was $103 million, surpassing the average estimate of $99.45 million from two analysts [4]. Stock Performance - Amentum's shares have returned +11.6% over the past month, contrasting with a -0.2% change in the Zacks S&P 500 composite [3]. - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3].

Amentum Holdings (AMTM) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.89%. A quarter ago, it was expected that this government services company would post earnings of $0.59 per share when it actually produced earnings of $0.63, delivering a surprise of +6.78%.Over the last four q ...

Exhibit 99.1 Summary Operating Results | | | Three Months Ended | | | --- | --- | --- | --- | | (in millions, except per share data) | January 2, 2026 | December 27, 2024 | % Change | | GAAP Measures: | | | | | Revenues | $3,237 | $3,416 | (5%) | | Operating income | $138 | $132 | 5% | | Net income | $44 | $12 | 267% | | Diluted earnings per share | $0.18 | $0.05 | 260% | | 1 Non-GAAP Measures : | | | | | 1 Adjusted EBITDA | $263 | $262 | —% | | 1 Adjusted EBITDA Margin | 8.1% | 7.7% | +40 bps | | 1 Adjuste ...