Mantech Int'l (MANT) Tops Q1 EPS by 12c

Mantech Int'l (NASDAQ: MANT) reported Q1 EPS of $0.81, $0.12 better than the analyst estimate of $0.69. Revenue for the quarter came in at $611 million versus the consensus estimate of $572.26 million.

"ManTech's steadfast prioritization of its customers and employees continues to yield long-term shareholder value creation. In the quarter, we delivered healthy organic growth, won new work at scale, improved profitability and generated strong cash flow. Our results demonstrate the durability of customer demand for ManTech's differentiated services and solutions. The health and safety of our employees while meeting the mission-critical needs of our customers remains our utmost focus in the face of this global pandemic," said ManTech President and Chief Executive Officer, Kevin M. Phillips.

GUIDANCE:

Mantech Int'l sees FY2020 EPS of $2.95-$3.07, versus the consensus of $2.99. Mantech Int'l sees FY2020 revenue of $2.35-2.45 billion, versus the consensus of $2.4 billion.

For earnings history and earnings-related data on Mantech Int'l (MANT) click here.

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