Vectrus Announces Strong Third Quarter 2019 Results

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Go back to Vectrus Announces Strong Third Quarter 2019 Results

Vectrus, Inc. (VEC) Tops Q3 EPS by 6c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Above Consensus

November 5, 2019 4:10 PM EST

Vectrus, Inc. (NYSE: VEC) reported Q3 EPS of $0.84, $0.06 better than the analyst estimate of $0.78. Revenue for the quarter came in at $359.9 million versus the consensus estimate of $349.34 million.

\"Vectrus momentum continued with sequential revenue and EPS growth on higher margin in the third quarter as our growth-related activities continue to generate results,\" said Chuck Prow, president and chief executive officer. \"As expected, revenue growth is accelerating in the second half of the year, with our continued phase-in of new contracts diversifying our revenue base, increasing our market share with the Navy and... More