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  • Friday, April 19, 2024
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Zacks: Vectrus Expected to Record 1.8% Rise in Q1 2020 Revenue

Jeff Brody

Vectrus (NYSE: VEC) is expected to report $331.84M in revenues for the first quarter ended March 2020, which represents a 1.8 percent increase from the prior-year period, Zacks reported Tuesday.

According to Zacks consensus estimate, the Colorado Springs, Colo.-based government services contractor is expected to record $0.77 in Q1 earnings per share, a figure that reflects a year-over-year increase of 11.6 percent.

Although Vectrus has beaten consensus EPS estimates twice in the last four quarters, Zacks said it could not predict an earnings beat due to the company’s 0 percent earnings expected surprise prediction.

Zacks gave Vectrus stock a rank of number 2, which reflects a “buy” recommendation.

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