Vectrus Announces Fourth Quarter and Full-Year 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/27/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Fox Factory sells Marucci Sports for $225M, cuts debt
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
Vectrus, Inc. (VEC) Tops Q4 EPS by 26c, Revenues Miss; Offers FY21 Revenue Guidance Above Consensus, FY21 EPS Mid-Point Guidance Above Consensus
March 2, 2021 4:18 PM ESTVectrus, Inc. (NYSE: VEC) reported Q4 EPS of $1.18, $0.26 better than the analyst estimate of $0.92. Revenue for the quarter came in at $355.3 million versus the consensus estimate of $361.81 million.
Fourth quarter 2020 revenue of $355.3 million was down year on year by 2.7% mainly due to COVID-19 pandemic-related deferrals of $25.8 million or 7.1%. Revenue was up $2.9 million sequentially or 0.8%.Operating income was $13.7 million or 3.9% margin in the fourth quarter of 2020. Adjusted operating income1 was $15.8 million or 4.4% margin. Fourth quarter operating margin was negatively impacted by 10 basis points due to COVID-19 pandemic-related deferrals.EBITDA1 was $15.8 million or 4.5%... More