Wall Street analysts expect Vectrus, Inc. (NYSE:VEC) to announce earnings per share of $0.40 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Vectrus’ earnings. The highest EPS estimate is $0.40 and the lowest is $0.39. Vectrus posted earnings per share of $0.21 during the same quarter last year, which would indicate a positive year-over-year growth rate of 90.5%. The business is scheduled to report its next quarterly earnings report on Wednesday, March 7th.

On average, analysts expect that Vectrus will report full-year earnings of $2.00 per share for the current year, with EPS estimates ranging from $1.99 to $2.00. For the next financial year, analysts anticipate that the company will report earnings of $2.12 per share, with EPS estimates ranging from $2.10 to $2.13. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Vectrus.

Vectrus (NYSE:VEC) last released its earnings results on Tuesday, November 7th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.10. Vectrus had a return on equity of 17.25% and a net margin of 2.02%. The company had revenue of $269.60 million for the quarter, compared to analysts’ expectations of $247.50 million. During the same quarter in the previous year, the firm posted $0.60 EPS. The firm’s quarterly revenue was down 5.0% on a year-over-year basis.

Several equities analysts have issued reports on VEC shares. Zacks Investment Research upgraded Vectrus from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research report on Wednesday, October 18th. TheStreet upgraded Vectrus from a “c” rating to a “b-” rating in a research report on Monday, November 27th. ValuEngine upgraded Vectrus from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $37.00 target price on shares of Vectrus in a research report on Tuesday, November 21st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $37.00.

Vectrus (VEC) opened at $31.48 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.33 and a current ratio of 1.33. Vectrus has a 52-week low of $20.73 and a 52-week high of $35.58. The stock has a market capitalization of $345.77, a P/E ratio of 17.19 and a beta of 2.17.

COPYRIGHT VIOLATION WARNING: This article was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was copied illegally and republished in violation of United States and international copyright legislation. The original version of this article can be read at https://www.americanbankingnews.com/2017/12/13/zacks-brokerages-expect-vectrus-inc-vec-will-announce-earnings-of-0-40-per-share.html.

Vectrus Company Profile

Vectrus, Inc is a provider of services to the United States Government across the world. The Company offers services, including 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, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations.

Get a free copy of the Zacks research report on Vectrus (VEC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Vectrus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vectrus and related companies with MarketBeat.com's FREE daily email newsletter.