Advertisement
Australia markets closed
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • AUD/USD

    0.6511
    -0.0008 (-0.12%)
     
  • OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD

    2,254.80
    +16.40 (+0.73%)
     
  • Bitcoin AUD

    107,221.36
    -814.85 (-0.75%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • AUD/EUR

    0.6043
    +0.0009 (+0.14%)
     
  • AUD/NZD

    1.0903
    +0.0001 (+0.01%)
     
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NASDAQ

    18,254.69
    -26.15 (-0.14%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,807.37
    +47.29 (+0.12%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     

ManTech (MANT) to Post Q4 Earnings: What's in the Offing?

ManTech International Corporation MANT is slated to release fourth-quarter 2019 results on Feb 19.

For the fourth quarter, the Zacks Consensus Estimate is pegged at $584.65 million, indicating growth of 17.62% from the year-ago reported figure.

The Zacks Consensus Estimate for fourth-quarter earnings stands at 60 cents, suggesting 20% rise from the year-earlier reported figure.

The company’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, missed the same once and matched it once with the positive surprise being 4.57%, on average.

Let’s see how things have shaped up for the upcoming announcement.

ADVERTISEMENT

ManTech International Corporation Price and EPS Surprise

ManTech International Corporation Price and EPS Surprise
ManTech International Corporation Price and EPS Surprise

ManTech International Corporation price-eps-surprise | ManTech International Corporation Quote

Factors at Play

ManTech’s fourth-quarter performance is likely to have benefited from solid organic growth. Rising customer demand for the company’s differentiated services and solutions is expected to have remained a tailwind.

Growing contract wins from the U.S. government in the areas of defense, intelligence, homeland security and other federal civilian agencies are likely to have been constant tailwinds.

Extensions to existing contracts coupled with new contract wins from various customers are anticipated to have been key drivers.

Moreover, the company’s acquisitions of Kforce Government Solutions (KGS) and H2M Group are likely to have aided performance in the soon-to-be-reported quarter.

However, the competitive nature of the market makes us apprehensive this earnings season.

What Our Model Says

The proven Zacks model does not predict an earnings beat for ManTech this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of beating estimates. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

ManTech has a Zacks Rank #3 and an Earnings ESP of 0.00%.

Stocks to Consider

Here are some stocks worth considering as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:

Broadcom Inc. AVGO has an Earnings ESP of +1.72% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Anterix ATEX has an Earnings ESP of +3.57% and is Zacks #3 Ranked.

Applied Optoelectronics, Inc. AAOI has an Earnings ESP of +8.12% and is Zacks #3 Ranked.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
ManTech International Corporation (MANT) : Free Stock Analysis Report
 
Broadcom Inc. (AVGO) : Free Stock Analysis Report
 
Applied Optoelectronics, Inc. (AAOI) : Free Stock Analysis Report
 
pdvWireless, Inc. (ATEX) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research