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ManTech: 3Q Earnings Snapshot

HERNDON, Va. (AP) _ ManTech International Corp. (MANT) on Wednesday reported third-quarter profit of $27.9 million.

The Herndon, Virginia-based company said it had net income of 69 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.

The defense contractor posted revenue of $579.2 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $558.8 million.

ManTech expects full-year earnings to be $2.41 to $2.43 per share, with revenue in the range of $2.19 billion to $2.21 billion.

ManTech shares have increased 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $70.56, a rise of 26% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MANT at https://www.zacks.com/ap/MANT