Vectrus (NYSE:VEC) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Vectrus beat estimated earnings by 27.85%, reporting an EPS of $1.01 versus an estimate of $0.79.

Revenue was up $22.47 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 9.01% drop in the share price the next day.

Here's a look at Vectrus's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Vectrus management provided guidance for FY 2022, expecting earnings between $4.57 and $4.93 per share.

To track all earnings releases for Vectrus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.