Vectrus: Q1 Earnings Insights

Vectrus VEC reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Vectrus beat estimated earnings by 27.85%, reporting an EPS of $1.01 versus an estimate of $0.79.

Revenue was up $22.47 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 9.01% drop in the share price the next day.

Here's a look at Vectrus's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.86	0.79	0.95	0.74
EPS Actual	0.90	1.15	1.52	1.20
Revenue Estimate	415.00M	434.00M	410.00M	376.95M
Revenue Actual	419.41M	459.41M	470.85M	434.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Vectrus management provided guidance for FY 2022, expecting earnings between $4.57 and $4.93 per share.

To track all earnings releases for Vectrus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.