Vectrus, Inc. (VEC) Tops Q2 EPS by 14c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

Vectrus, Inc. (NYSE: VEC) reported Q2 EPS of $0.84, $0.14 better than the analyst estimate of $0.70. Revenue for the quarter came in at $321.13 million versus the consensus estimate of $307.47 million.

"We are reaffirming our full-year 2018 guidance," said Klein. "Our 2018 guidance assumes interest expense of approximately $4.3 million, depreciation and amortization expense of $4.2 million, mandatory debt payments of $4.0 million, non-recurring transaction related expenses of $2.0 million, a tax rate of 22 percent and weighted average diluted shares outstanding of 11.4 million at December 31, 2018."

GUIDANCE:

Vectrus, Inc. sees Q3 2018 EPS of $2.71-$3.23, versus the consensus of $2.89. Vectrus, Inc. sees Q3 2018 revenue of $1.215-1.285 billion, versus the consensus of $1.26 billion.

For earnings history and earnings-related data on Vectrus, Inc. (VEC) click here.

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