Engility Holdings Posts Q3 Profit - Quick Facts

(RTTNews) - Engility Holdings, Inc. (EGL) Tuesday reported third-quarter profit of $12.01 million or $0.68 per share, compared to a loss of $420.31 million or $0.68 per share in the comparable quarter last year.

Adjusted earnings for the quarter was $14 million or $0.80 per share. On average, three analysts polled by Thomson Reuters expected the company to earn $0.69 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $339 million from $409.38 million last year. Analysts expected revenues of $374.76 million.

Looking ahead to the fiscal 2013, the company currently expects to report earnings in the range of $2.96 to $3.06 per share, with adjusted earnings ranging between $3.20 to $3.30 per share. This compares to the prior guidance of $3.01, and adjusted earnings guidance of $3.25 per share.

Revenues are projected in a range of $1.39 billion to $1.41 billion, down from its previous guidance range of $1.45 billion. Analysts currently expect the company to report full-year earnings of $3.05 per share on revenues of $1.49 billion.