V2X Q4 Adj. EPS $1.22 Beats $0.33 Estimate, Sales $1.04B Beat $1.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
V2X (NYSE:VVX) reported Q4 adjusted EPS of $1.22, surpassing the $0.33 estimate, a 269.7% beat. Quarterly sales reached $1.04B, exceeding the $1.01B estimate by 2.97% and marking a 6.32% increase from the previous year.
March 05, 2024 | 12:29 pm
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V2X reported a significant beat on both EPS and sales estimates for Q4, with EPS at $1.22 against a $0.33 estimate and sales of $1.04B against a $1.01B estimate.
V2X's significant outperformance in both earnings per share and sales compared to analyst estimates, along with year-over-year growth, suggests a strong financial position and operational efficiency. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100