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Amentum Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
AMTMAmentum Holdings, Inc.(AMTM) Benzinga·2024-12-13 08:30

Core Viewpoint - Amentum Holdings, Inc. is set to release its quarterly earnings on December 17, with expectations of reporting earnings of 25 cents per share and revenue of 3.41billionfortherecentquarter[1][2].EarningsExpectations−AnalystsanticipateAmentumtoreportquarterlyearningsat25centspershare[2].−Theprojectedrevenuefortherecentquarteris3.41 billion for the recent quarter [1][2]. Earnings Expectations - Analysts anticipate Amentum to report quarterly earnings at 25 cents per share [2]. - The projected revenue for the recent quarter is 3.41 billion [2]. Stock Performance and Analyst Ratings - Amentum shares experienced a decline of 1%, closing at 23.61[2].−TheconsensuspricetargetforAmentumis23.61 [2]. - The consensus price target for Amentum is 30.5, with a high target of 31fromTruistSecuritiesandalowtargetnotspecified[2].−RaymondJamesanalystBrianGesualeinitiatedcoveragewithanOutperformratingandapricetargetof31 from Truist Securities and a low target not specified [2]. - Raymond James analyst Brian Gesuale initiated coverage with an Outperform rating and a price target of 30, achieving an accuracy rate of 71% [2]. - Truist Securities analyst Tobey Sommer initiated coverage with a Buy rating and a price target of $31, with an accuracy rate of 77% [2]. Management Changes - On December 2, Amentum appointed Darren Burton as Chief People Officer [2].