Engility Holdings (EGL) Releases Earnings Results, Beats Expectations By $0.04 EPS

Engility Holdings (EGL) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.24 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.20. The company posted revenue of $53.00 million in the period, compared to analysts expectations of $516.85 million. The company’s revenue was down -86.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Many Wall Street Analysts have commented on Engility Holdings. Engility Holdings was Upgraded by Drexel Hamilton to ” Buy” on Mar 4, 2016.

Engility Holdings closed down -0.07 points or -0.35% at $20.17 with 1,63,493 shares getting traded on Wednesday. Post opening the session at $20.13, the shares hit an intraday low of $19.87 and an intraday high of $20.64 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Apr 5, 2016, Lynn A Dugle (CEO) purchased 8,102 shares at $18.25 per share price. According to the SEC, on Mar 23, 2016, John P Hynes (COO) purchased 3,330 shares at $18.06 per share price. On May 19, 2015, Wayne M Rehberger (CFO) purchased 3,000 shares at $26.61 per share price, according to the Form-4 filing with the securities and exchange commission.

Engility Holdings

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