V2X Q2 Adj EPS $1.01 Beats $(0.10) Estimate, Sales $977.85M Beat $905.27M Estimate
Portfolio Pulse from Benzinga Newsdesk
V2X reported Q2 adjusted earnings of $1.01 per share, beating the analyst consensus estimate of $(0.10) by 1110 percent. This is a 28.87 percent decrease from the same period last year. The company also reported quarterly sales of $977.85 million, beating the analyst consensus estimate of $905.27 million by 8.02 percent, a 96.33 percent increase from the same period last year.
August 08, 2023 | 8:10 pm
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POSITIVE IMPACT
V2X's Q2 earnings and sales beat estimates, which could positively impact its stock price in the short term.
V2X reported better than expected Q2 earnings and sales. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100