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

V2X

06/08/2024 14:32

* V2X Inc  VVX.N  reported a quarterly adjusted loss of 21
cents​​
per share for the quarter ended in June, lower than the same
quarter last year, when the company reported EPS of 6 cents. 
The mean expectation of six analysts for the quarter was
for earnings of 19 cents per share. Wall Street expected
results to range from 6 cents to 30 cents per share.
    * Revenue rose 9.6% to $1.07 billion from a year ago;
analysts
expected $1.02 billion. 
    * V2X Inc's reported EPS for the quarter was a loss of 21
cents​.
    * The company reported a quarterly loss of $6.54 million.
    * V2X Inc shares had fallen by 1.9% this quarter and
gained 1.3%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the aerospace &
defense
peer group is also "buy"

Wall Street's median 12-month price target for V2X Inc is $61.00
This summary was machine generated from LSEG data August 6 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.19           -0.21          Missed
 Mar. 31 2024      0.00           0.04           Beat
 Dec. 31 2023      0.33           -0.01          Missed
 Sep. 30 2023      0.15           -0.21          Missed