V2X (VVX) Scheduled to Post Quarterly Earnings on Tuesday

V2X (NYSE:VVX) will post its quarterly earnings results 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.Persons interested in registering for the company’s earnings conference call can do so using this link.

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

V2X Price Performance

Shares of VVX stock opened at $51.45 on Friday. V2X has a twelve month low of $37.04 and a twelve month high of $56.75. The company has a quick ratio of 0.99, a current ratio of 1.04 and a debt-to-equity ratio of 1.11. The business has a fifty day simple moving average of $45.35 and a 200 day simple moving average of $43.85. The company has a market cap of $1.62 billion, a P/E ratio of -69.53 and a beta of 0.68.

Analysts Set New Price Targets

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

V2X Company Profile

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.