V2X Reaffirmed Its 2024 Guidance, Revenue Of $4.10B-$4.20B Vs. $4.152B Est., And Adj. EPS Of $3.85-$4.20 Vs. $1.08
Portfolio Pulse from Benzinga Newsdesk
V2X has reaffirmed its 2024 financial guidance, projecting revenues between $4.10B-$4.20B, which aligns with the estimated $4.152B, and an adjusted EPS range of $3.85-$4.20, significantly higher than the $1.08 estimate. The company's leadership expressed satisfaction with its operational performance and the successful integration of new programs.
May 07, 2024 | 11:39 am
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V2X reaffirms its 2024 guidance with expected revenues of $4.10B-$4.20B and an adjusted EPS of $3.85-$4.20, significantly above the $1.08 estimate.
The reaffirmation of V2X's 2024 financial guidance, especially the significant upward adjustment in EPS expectations compared to the estimate, is likely to instill confidence among investors and analysts. This positive outlook, backed by the company's reported satisfaction with its operational performance and the successful integration of new programs, suggests a strong potential for stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100