Please ensure Javascript is enabled for purposes of website accessibility

ManTech International Misses on Revenues but Beats on EPS

By Seth Jayson – Updated Apr 10, 2017 at 12:28PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Just the facts, Fool.

ManTech International (Nasdaq: MANT) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), ManTech International missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped. GAAP earnings per share dropped.

Margins dropped across the board.

Revenue details
ManTech International logged revenue of $605.1 million. The 11 analysts polled by S&P Capital IQ expected to see sales of $633.8 million on the same basis. GAAP reported sales were 5.3% lower than the prior-year quarter's $638.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $0.58. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.56 per share. GAAP EPS of $0.58 for Q2 were 13% lower than the prior-year quarter's $0.67 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 13.6%, 120 basis points worse than the prior-year quarter. Operating margin was 6.4%, 70 basis points worse than the prior-year quarter. Net margin was 3.6%, 30 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $632.7 million. On the bottom line, the average EPS estimate is $0.56.

Next year's average estimate for revenue is $2.54 billion. The average EPS estimate is $2.22.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 308 members out of 316 rating the stock outperform, and eight members rating it underperform. Among 98 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 93 give ManTech International a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ManTech International is underperform, with an average price target of $22.80.

Can your portfolio provide you with enough income to last through retirement? You'll need more than ManTech International. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month. The Motley Fool owns shares of ManTech International. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

ManTech International Corporation Stock Quote
ManTech International Corporation
MANT

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
339%
 
S&P 500 Returns
109%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 09/24/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.