Equity Profile

AMTM

Amentum Holdings, Inc.

IndustrialsResearch & Consulting Services$5.9B

Aug3Mon

Pre-Earnings Brief

UpcomingQ3-2026After Close5:00 PM EDT

Company Snapshot

Amentum Holdings, Inc. is a company in the industrials sector that specializes in research and consulting services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and overall financial health.

$0.60

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

AMTM Q3-2026 Earnings Preview

Context

Company Snapshot

Amentum Holdings, Inc. is a company in the industrials sector that specializes in research and consulting services. With a market cap of $6 billion, it plays a significant role in providing solutions for government and commercial clients, particularly in areas like defense, energy, and environmental services.

Earnings Scorecard·Last 7Q

EPS Beat Streak

EPS Beat Rate

86%

Avg EPS Surprise

+8.34%

Avg Stock Reaction

+1.14%

Last Quarter Recap

In Q2 2026, Amentum reported an EPS of $0.60, exceeding expectations by 8.5%. However, the stock declined by 2.41% the following day, indicating mixed market reactions.

Management Promises & Guidance

Focus on expanding government contracts.
Commitment to improving operational efficiency.
Plans to enhance service offerings in environmental consulting.

Expectations

Wall Street Expectations

Overall, the market is cautiously optimistic about Amentum's upcoming earnings, especially given its consistent EPS beats in the past.

Bull Case

If Amentum continues its trend of beating EPS estimates and shows strong revenue growth, it could drive the stock higher, reflecting investor confidence.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given the high implied volatility.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.60

EPS is a key indicator of the company's profitability and overall financial health.

Revenue Growth

N/A

Revenue growth reflects the company's ability to expand its business and capture market share.

Contract Wins

N/A

New contracts can signal future revenue and growth potential, especially in government sectors.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q3-2026?

Given Amentum's history of beating EPS estimates, this number will be crucial for market sentiment and stock performance.

How many new contracts were secured in the last quarter?

New contracts are vital for future revenue growth, and investors will closely watch this metric to gauge the company's market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Amentum's potential for contract wins, especially in the defense sector, which could drive revenue higher than expected.

Supporting Evidence

Amentum has consistently beaten EPS estimates, indicating stronger-than-expected performance.

The options market is pricing in a significant move, suggesting that traders anticipate volatility and potential upside.

Recent trends in government spending on defense may not be fully reflected in current market expectations.

Key Risk

If new contract wins exceed expectations, it could significantly alter the growth narrative and boost investor confidence.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will either reinforce Amentum's growth narrative or highlight potential weaknesses.

Bull Confirmed If

An EPS of $0.65 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $0.55 would raise concerns about profitability and future growth prospects.

Pre-Earnings Positioning

Options Market

Implied Move

±25.94%

Historical Avg

±2.5%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±25.9% while AMTM has averaged ±2.5% over the last 7 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

36.5%

Calls (65K)P/C Ratio: 0.26Puts (10K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

This setup has occurred 30 times across Industrials in the last 2 years. 18 of 24 (75%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.8%, with a raw directional average of +1.9% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Amentum beats expectations, history suggests a potential stock increase of around +0.80%, confirming the company's growth trajectory.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement, reflecting cautious investor sentiment.

Miss

A miss could lead to a decline, with historical data suggesting a potential drop of around -2.50%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on new government contracts and their expected impact on revenue.
2Any updates on operational efficiencies and cost management strategies.
3Insights into market trends affecting the consulting services sector.
4Management's outlook on future earnings and potential challenges.
5Responses to questions about competition and market positioning.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Amentum Holdings, Inc. is a company in the industrials sector that specializes in research and consulting services....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and overall financial health.

$0.60

Revenue Growth

Revenue growth reflects the company's ability to expand its business and capture market share.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

AMTM Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 7Q

EPS Beat Streak

EPS Beat Rate

86%

Avg EPS Surprise

+8.34%

Avg Stock Reaction

+1.14%

Last Quarter Recap

In Q2 2026, Amentum reported an EPS of $0.60, exceeding expectations by 8.5%. However, the stock declined by 2.41% the following day, indicating mixed market reactions.

Management Promises & Guidance

Focus on expanding government contracts.
Commitment to improving operational efficiency.
Plans to enhance service offerings in environmental consulting.

Expectations

Wall Street Expectations

Overall, the market is cautiously optimistic about Amentum's upcoming earnings, especially given its consistent EPS beats in the past.

Bull Case

If Amentum continues its trend of beating EPS estimates and shows strong revenue growth, it could drive the stock higher, reflecting investor confidence.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant drop in stock price, especially given the high implied volatility.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.60

EPS is a key indicator of the company's profitability and overall financial health.

Revenue Growth

N/A

Revenue growth reflects the company's ability to expand its business and capture market share.

Contract Wins

N/A

New contracts can signal future revenue and growth potential, especially in government sectors.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the expected EPS for Q3-2026?

Given Amentum's history of beating EPS estimates, this number will be crucial for market sentiment and stock performance.

How many new contracts were secured in the last quarter?

New contracts are vital for future revenue growth, and investors will closely watch this metric to gauge the company's market position.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Amentum's potential for contract wins, especially in the defense sector, which could drive revenue higher than expected.

Supporting Evidence

Amentum has consistently beaten EPS estimates, indicating stronger-than-expected performance.

The options market is pricing in a significant move, suggesting that traders anticipate volatility and potential upside.

Recent trends in government spending on defense may not be fully reflected in current market expectations.

Key Risk

If new contract wins exceed expectations, it could significantly alter the growth narrative and boost investor confidence.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is critical as it will either reinforce Amentum's growth narrative or highlight potential weaknesses.

Bull Confirmed If

An EPS of $0.65 or higher would confirm strong operational performance and investor confidence.

Bear Confirmed If

An EPS below $0.55 would raise concerns about profitability and future growth prospects.

Pre-Earnings Positioning

Options Market

Implied Move

±25.94%

Historical Avg

±2.5%

Pricing rich

The options market is pricing in a significant potential move, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±25.9% while AMTM has averaged ±2.5% over the last 7 prints — setup is pricing rich.

Detail

ATM IV

0.5%

30d HV

36.5%

Calls (65K)P/C Ratio: 0.26Puts (10K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Industrials

n=30

Fade rate: 6 of 24 (25%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Amentum beats expectations, history suggests a potential stock increase of around +0.80%, confirming the company's growth trajectory.

In-Line / Cautious

If results are in line with expectations, the stock may see muted movement, reflecting cautious investor sentiment.

Miss

A miss could lead to a decline, with historical data suggesting a potential drop of around -2.50%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on new government contracts and their expected impact on revenue.
2Any updates on operational efficiencies and cost management strategies.
3Insights into market trends affecting the consulting services sector.
4Management's outlook on future earnings and potential challenges.
5Responses to questions about competition and market positioning.