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Engility Beats Wall Street 2Q Earnings Estimate, Adjusts FY 2015 Guidance

Engility-logoEngility Corp. (NYSE: EGL) has reported fiscal year 2015 second quarter earnings of 51 cents per share,  a figure that exceeded Wall Street analysts’ forecasts by five cents.

The Chantilly, Va.-based government services contractor also raised its FY 2015 earnings guidance to a range of between $2.05 and $2.50 per share from the prior forecast of between $1.70 and $2.20 per share.

Revenue for the quarter was stated as approximately $575.45 million compared to the Wall Street estimate of close to $590.43 billion.

Engility’s guidance for fiscal year 2015 includes 10 months of results from its TASC subsidiary and has the parent company’s revenue at a range of between $2 billion and $2.3 billion.

Shares of Engility opened at $24.75 Friday.

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