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Vectrus: 1Q Earnings Snapshot

May 12, 2020 GMT

COLORADO SPRINGS, Colo. (AP) _ Vectrus Inc. (VEC) on Tuesday reported first-quarter profit of $8.7 million.

The Colorado Springs, Colorado-based company said it had net income of 74 cents per share. Earnings, adjusted for non-recurring costs, came to 75 cents per share.

The government services company posted revenue of $351.7 million in the period.

Vectrus expects full-year earnings to be $3.48 to $3.81 per share, with revenue in the range of $1.48 billion to $1.53 billion.

Vectrus shares have decreased 7.5% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $47.40, a climb of 26% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VEC at https://www.zacks.com/ap/VEC

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