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V2X (VVX)
NYSE:VVX
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.96Last Year’s EPS
0.9Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: 11.58%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance in 2024, with record revenues and contract wins, along with significant debt reduction. The company demonstrated substantial growth in the Indo-Pacific region and secured a strong backlog for future growth. However, there were concerns about the completion of key programs and potential defense budget cuts. Overall, the sentiment is positive, with significant achievements outweighing the challenges.Company Guidance
In the V2X Fourth Quarter 2024 Earnings Conference Call, the company reported notable financial metrics and strategic accomplishments. V2X achieved record quarterly revenue of $1.16 billion, marking an 11% year-over-year increase, and full-year revenue growth of 9% to $4.3 billion, surpassing the top end of their guidance. Adjusted EBITDA for the fourth quarter was $86.2 million, with a full year total of $310 million, showing 5% and 6% growth respectively. The company reported a remarkable improvement in net debt by $210 million year-over-year, resulting in a net leverage ratio of 2.6 times. Additionally, V2X secured contract wins worth over $5.5 billion, contributing to a total backlog of $12.5 billion, which is 1.2 times book-to-bill ratio for the quarter. The company also highlighted the potential for growth in the Indo-Pacific region, with a 27% revenue increase, and emphasized its strategic alignment with national security priorities. Looking forward to 2025, V2X anticipates revenue growth between $4.375 billion and $4.5 billion, with adjusted EBITDA projected at $305 million to $320 million.Record Quarterly Revenue and Growth
Fourth-quarter revenue increased by 11% year-over-year to $1.16 billion. Full-year revenue grew by 9% to $4.3 billion, exceeding the top end of guidance.
Indo-Pacific Region Growth
The Indo-Pacific region saw a 27% increase in revenue, highlighting significant growth and alignment with national security priorities.
Debt Reduction and Cash Generation
Net debt improved by $210 million year-over-year, achieving a net leverage ratio of 2.6 times, providing significant flexibility for 2025.
Record Contract Wins
Secured over $5.5 billion in contract wins in 2024, setting a new record for the company and building a strong foundation for future growth.
Strong Backlog
Total backlog at the end of the year was $12.5 billion, representing a 1.2 times book-to-bill ratio in the quarter.
Growth in Warfighter Training Readiness Solutions
The $3.7 billion Warfighter-Training Readiness Solutions program is ramping up, supporting national security readiness.
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VVX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VVX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 24, 2025 | $42.05 | $48.67 | +15.74% |
| Nov 04, 2024 | $61.91 | $62.68 | +1.24% |
| Aug 06, 2024 | $47.05 | $45.75 | -2.76% |
| May 07, 2024 | $52.11 | $49.90 | -4.24% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does V2X (VVX) report earnings?
V2X (VVX) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is V2X (VVX) earnings time?
V2X (VVX) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VVX EPS forecast?
VVX EPS forecast for the fiscal quarter 2025 (Q1) is 0.96.
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