V2X Inc reports results for the quarter ended December 31 - Earnings Summary

• V2X Inc VVX.N reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of nine analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 21 cents to $1.20 per share.

• Revenue rose 11.3% to $1.16 billion from a year ago; analysts expected $1.10 billion.

• V2X Inc's reported EPS for the quarter was 78 cents​.

• The company reported quarterly net income of $25.03 million.

• V2X Inc shares had fallen by 12.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 33.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and 1 "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 $66.50

This summary was machine generated from LSEG data February 24 at 10:01 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)