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ManTech: 3Q Earnings Snapshot

·1 min read

HERNDON, Va. (AP) _ ManTech International Corp. (MANT) on Thursday reported third-quarter profit of $29.7 million.

The Herndon, Virginia-based company said it had net income of 73 cents per share. Earnings, adjusted for amortization costs, were 83 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.

The defense contractor posted revenue of $636.2 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $610.6 million.

ManTech shares have dropped 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $71.25, a decrease of 6% in the last 12 months.

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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