Amentum (AMTM) heads into Q1 earnings with revenue expected flat

Amentum Holdings (NYSE: AMTM) is scheduled to report fiscal first-quarter results on May 18, 2026, after the market close, with analysts expecting revenue to be roughly flat from a year earlier. The government engineering services provider missed revenue estimates last quarter, posting $3.24 billion in sales, down 5.2% year over year. Its full-year revenue guidance also came in slightly below Wall Street expectations. Recent peer results were stronger. UL Solutions reported 7.5% year-over-year revenue growth, beating estimates by 1.2%, while Jacobs Solutions posted 8.8% growth, topping forecasts by 2%. UL Solutions shares rose 16.4% after results, while Jacobs fell 7.4%. Investor sentiment across the government and technical consulting group has improved, with peer shares up an average 10.9% over the past month. Amentum shares are down 6.5% over the same period and trade at $24.57, below the average analyst price target of $36.55.