V2X (VVX) Scheduled to Post Quarterly Earnings on Tuesday

V2X (NYSE:VVX) will issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.75 per share for the quarter. V2X has set its FY24 guidance at $3.85-$4.20 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

V2X (NYSE:VVX) last posted its quarterly earnings results on Tuesday, March 5th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.07 by $0.15. The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1.01 billion. V2X had a negative net margin of 0.57% and a positive return on equity of 11.95%. The company’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.92 EPS. On average, analysts expect V2X to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

V2X Trading Down 0.4 %

VVX opened at $51.45 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.99 and a debt-to-equity ratio of 1.11. The company’s 50-day moving average price is $45.35 and its 200 day moving average price is $43.79. V2X has a fifty-two week low of $37.04 and a fifty-two week high of $56.75.

Analyst Ratings Changes

VVX has been the topic of a number of research reports. Royal Bank of Canada reiterated an “outperform” rating and set a $50.00 price target on shares of V2X in a research report on Wednesday, March 6th. JMP Securities reiterated a “market outperform” rating and issued a $65.00 target price on shares of V2X in a research note on Wednesday, March 6th.

About V2X

V2X, Inc provides critical mission solutions and support services to defense clients worldwide. It offers a suite of integrated solutions across the operations and logistics, aerospace, training, and technology markets to national security, defense, civilian, and international clients. The company was incorporated in 2014 and is headquartered in Mclean, Virginia.