Engility Holdings, Inc. (NYSE:EGL) – Research analysts at SunTrust Banks lifted their Q1 2018 EPS estimates for shares of Engility Holdings in a report released on Thursday. SunTrust Banks analyst T. Sommer now expects that the aerospace company will post earnings of $0.51 per share for the quarter, up from their prior forecast of $0.44. SunTrust Banks also issued estimates for Engility Holdings’ Q2 2018 earnings at $0.53 EPS, Q3 2018 earnings at $0.67 EPS, Q4 2018 earnings at $0.59 EPS and FY2018 earnings at $2.30 EPS.

Engility Holdings (NYSE:EGL) last posted its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.09. The firm had revenue of $494.70 million for the quarter, compared to the consensus estimate of $504.44 million. Engility Holdings had a net margin of 0.22% and a return on equity of 11.49%. The business’s revenue for the quarter was down 7.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.34 EPS.

COPYRIGHT VIOLATION NOTICE: “Q1 2018 EPS Estimates for Engility Holdings, Inc. Increased by Analyst (EGL)” was originally published by Daily Political and is the property of of Daily Political. If you are viewing this news story on another site, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this news story can be viewed at https://www.dailypolitical.com/2017/08/07/q1-2018-eps-estimates-for-engility-holdings-inc-increased-by-analyst-egl.html.

Several other equities analysts also recently weighed in on the company. Noble Financial restated a “buy” rating on shares of Engility Holdings in a report on Friday. Maxim Group restated a “hold” rating on shares of Engility Holdings in a report on Thursday. Cowen and Company set a $36.00 price objective on Engility Holdings and gave the stock a “hold” rating in a report on Thursday. ValuEngine downgraded Engility Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, BidaskClub downgraded Engility Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. Engility Holdings has a consensus rating of “Hold” and an average target price of $35.60.

A number of hedge funds and other institutional investors have recently made changes to their positions in EGL. Bank of New York Mellon Corp boosted its position in shares of Engility Holdings by 4.8% in the first quarter. Bank of New York Mellon Corp now owns 242,170 shares of the aerospace company’s stock valued at $7,007,000 after buying an additional 11,169 shares during the last quarter. Boston Partners boosted its position in shares of Engility Holdings by 14.8% in the first quarter. Boston Partners now owns 148,970 shares of the aerospace company’s stock valued at $4,311,000 after buying an additional 19,150 shares during the last quarter. Capital One National Association boosted its position in shares of Engility Holdings by 5.6% in the first quarter. Capital One National Association now owns 46,658 shares of the aerospace company’s stock valued at $1,350,000 after buying an additional 2,467 shares during the last quarter. Great West Life Assurance Co. Can boosted its position in shares of Engility Holdings by 5.0% in the first quarter. Great West Life Assurance Co. Can now owns 24,261 shares of the aerospace company’s stock valued at $701,000 after buying an additional 1,157 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Engility Holdings by 1.0% in the first quarter. Wells Fargo & Company MN now owns 13,104 shares of the aerospace company’s stock valued at $379,000 after buying an additional 135 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors and hedge funds.

Engility Holdings Company Profile

Engility Holdings, Inc (Engility) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide. The Company’s business is focused on providing a range of engineering, technical, analytical, advisory, training, logistics and support services.

Earnings History and Estimates for Engility Holdings (NYSE:EGL)

Receive News & Ratings for Engility Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Engility Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.