V2X (NYSE:VVX) Announces Quarterly Earnings Results, Beats Estimates By $0.15 EPS

V2X (NYSE:VVX) posted its quarterly earnings results on Monday. The company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.15, FiscalAI reports. V2X had a net margin of 1.88% and a return on equity of 17.52%. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the company earned $1.37 earnings per share. The business’s revenue was up 8.9% compared to the same quarter last year.

Here are the key takeaways from V2X’s conference call:

• V2X raised its 2026 guidance, now expecting revenue of $4.95–$5.10 billion, adjusted EBITDA of $352.5–$367.5 million, adjusted EPS of $6.15–$6.55, and adjusted operating cash flow of $175–$195 million.
• Third-quarter revenue rose 9% to $1.27 billion, while adjusted EPS increased 19% to $1.64. The company booked approximately $1.6 billion of awards, producing a 1.2x quarterly book-to-bill and expanding backlog to $12.8 billion.
• Management sees continued growth in 2027 across revenue, margins, EPS, and free cash flow, supported by only about 6% of revenue subject to recompete, growing Asia-Pacific demand, the T-6 program’s full-year contribution, and higher-margin recent awards.
• Counter-UAS platform Tempest has expanded from one customer to five in a year and completed more than 1,000 successful engagements. V2X is also increasing customer-funded and internal R&D spending to 2.3 times 2025 levels to support product growth and future production awards.
• Middle East revenue fell 30% year over year in the third quarter and is expected to create additional fourth-quarter pressure, with scope changes likely to keep the region at a lower run rate in 2027. National-security activity is visible through mid-2027, but management cautioned that the timing and volume remain dynamic.

V2X Stock Performance

Shares of NYSE:VVX opened at $83.25 on Tuesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.32 and a quick ratio of 1.32. The business’s fifty day moving average price is $74.03 and its two-hundred day moving average price is $73.91. V2X has a fifty-two week low of $50.89 and a fifty-two week high of $93.98. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 0.60 and a beta of 0.18.

Key Stories Impacting V2X

Here are the key news stories impacting V2X this week:

• Positive Sentiment: Third-quarter revenue rose 8.9% year over year to $1.27 billion, exceeding the roughly $1.22 billion analyst consensus. Net income increased 30% to $32.0 million, while adjusted net income rose 19% to $51.7 million. V2X Reports Third Quarter 2026 Results
• Positive Sentiment: Adjusted diluted earnings per share were $1.64, above estimates ranging from $1.49 to $1.54 and up 19% from $1.37 a year earlier. Adjusted EBITDA was $88.6 million, representing a 7.0% margin. V2X Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management raised its full-year 2026 guidance across all key metrics and offered an early positive outlook for growth in 2027, signaling continued confidence in contract execution and demand. V2X Beats Consensus But Misses the Whisper
• Neutral Sentiment: Reported diluted GAAP EPS was $1.01, up 32% year over year; the larger $1.64 figure cited by analysts and media is adjusted EPS. Investors may focus on the quality and sustainability of earnings given the company’s relatively low 1.88% net margin. V2X Reports Earnings Results
• Negative Sentiment: Although V2X beat published consensus estimates, reports indicate it fell short of elevated investor “whisper” expectations, while the pace of revenue growth slowed. That could temper enthusiasm despite the guidance increase. V2X Reports Q3 Adjusted EPS
• Neutral Sentiment: RBC Capital retained its Hold rating, suggesting the earnings improvement and outlook do not yet justify a more bullish stance. RBC Capital Maintains Hold Rating

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Zacks Research cut shares of V2X from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Wall Street Zen lowered shares of V2X from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Citizens Jmp lifted their target price on shares of V2X from $90.00 to $102.00 and gave the company a “market outperform” rating in a research report on Tuesday, July 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of V2X in a research note on Tuesday, September 8th. Finally, Morgan Stanley increased their price target on shares of V2X from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $87.50.

V2X Company Profile

V2X, Inc provides mission solutions and support services to the U.S. government, defense agencies, and allied governments. The company supports military and government operations through services that include logistics, operations and maintenance, training, engineering, modernization, cybersecurity, and other technology-enabled solutions.

Its work spans the defense and national security lifecycle, including the sustainment of aircraft, vehicles, equipment, and infrastructure; supply-chain and base operations; intelligence and analytical support; and digital, communications, and systems-integration services.