V2X Inc reports results for the quarter ended in June - Earnings Summary

V2X

08/08/2023 23:22

* V2X Inc  VVX.N  reported quarterly adjusted earnings of 6
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue rose 96.3% to $977.85 million from a year ago;
analysts
expected $905.28 million. 
    * V2X Inc's reported EPS for the quarter was 6 cents​.
    * The mean earnings estimate of analysts had fallen by
about 245.2% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * V2X Inc shares had risen by 7.3% this quarter and
gained 28.8%
so far this year.
    * The company reported quarterly net income of $1.8 million.
    * Wall Street's median 12-month price target for V2X Inc is
$60.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.10          0.06           Beat
 Mar. 31 2023      -0.44          -0.57          Missed
 Dec. 31 2022      0.18           -0.47          Missed
 Sep. 30 2022      0.58           -0.56          Missed