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V2X's Q4 Adjusted Earnings, Revenue Increase; 2024 Outlook Set -- Shares Advance Pre-Bell
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V2X's Q4 Adjusted Earnings, Revenue Increase; 2024 Outlook Set -- Shares Advance Pre-Bell
Mar 5, 2024 5:29 AM

08:06 AM EST, 03/05/2024 (MT Newswires) -- V2X (VVX) reported Q4 adjusted earnings Tuesday of $1.22 per share, up from $0.97 a year earlier.

Analysts polled by Capital IQ expected $1.05.

Revenue for the quarter that ended Dec. 31 was $1.04 billion, up from $978.2 million a year earlier.

Analysts surveyed by Capital IQ expected $1.01 billion.

The defense contractor said it expects fiscal 2024 adjusted EPS of $3.85 to $4.20 on revenue of $4.1 billion to $4.2 billion. Analysts polled by Capital IQ expect adjusted EPS of $4.23 and revenue of $4.08 billion.

V2X shares were up more than 8% in recent Tuesday premarket activity.

Price: 42, Change: +3.36, Percent Change: +8.7

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