Vectrus Inc (VEC) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Vectrus Inc (VEC) reported quarterly earnings results on Tuesday, Aug-9-2016. The company reported $0.55 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.56. The company posted revenue of $307.90 million in the period, compared to analysts expectations of $295.65 million. The company’s revenue was down -.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.

Vectrus Inc opened for trading at $32.17 and hit $32.72 on the upside on Monday, eventually ending the session at $32.66, with a gain of 1.87% or 0.6 points. The heightened volatility saw the trading volume jump to 76,524 shares. Company has a market cap of $349 M.

In a different news, on May 23, 2016, Kelvin Coppock (SVP, Contracts) sold 6,047 shares at $24.37 per share price. According to the SEC, on May 20, 2016, Francis Peloso (SVP, CHRO) purchased 1,080 shares at $22.85 per share price. On May 17, 2016, Charles Anderson (SVP, IAM & Logistics Services) sold 2,220 shares at $24.37 per share price, according to the Form-4 filing with the securities and exchange commission.

Vectrus Inc. (Vectrus) is a provider of services to the United States government across the world. The Company offers services in three solution areas: infrastructure asset management logistics and supply chain management and information technology and network communication. Its infrastructure asset management services support the United States Army Air Force and Navy and include infrastructure services security warehouse management and distribution ammunition management civil engineering military base maintenance and operations among others. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems network security systems installation and full life cycle management of information technology systems.

Vectrus Inc

Leave a Reply

Vectrus Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Vectrus Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.