Vectrus: Q1 Earnings Snapshot
Posted May 11, 2021 05:17:43 PM.
Last Updated May 11, 2021 05:32:22 PM.
COLORADO SPRINGS, Colo. (AP) _ Vectrus Inc. (VEC) on Tuesday reported first-quarter net income of $12 million.
The Colorado Springs, Colorado-based company said it had net income of $1.02 per share. Earnings, adjusted for amortization costs and non-recurring costs, were $1.20 per share.
The government services company posted revenue of $434 million in the period.
Vectrus expects full-year earnings in the range of $4.55 to $4.85 per share, with revenue in the range of $1.68 billion to $1.72 billion.
Vectrus shares have increased 1.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $50.46, an increase of 4% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VEC at https://www.zacks.com/ap/VEC
The Associated Press