Amentum Holdings, Inc. (AMTM) experienced a significant pre-market plunge of 11.81% on Tuesday, reflecting substantial selling pressure ahead of the trading session.
The sharp decline follows the company's release of its first-quarter fiscal 2026 earnings report, which revealed mixed results. While adjusted earnings per share of $0.54 exceeded analyst estimates, quarterly revenue of $3.237 billion fell short of consensus expectations and represented a 5.24% decline compared to the same period last year. This revenue miss and year-over-year sales decrease appear to have driven investor concern, leading to the extended hours sell-off.
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