Revenue Update on Vectrus Inc(NYSE:VEC)

Vectrus Inc(NYSE:VEC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 9, 2016. Company reported revenue of $307.89M. Analysts estimated a revenue of $297.33M. Earnings per share were $0.55. Analysts had estimated an EPS of $0.57.

Vectrus Inc (VEC) shares turned negative on Wednesdays trading session with the shares closing down -0.35 points or -1.07% at a volume of 1,22,512. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $32.69. The peak price level was also seen at $32.69 while the days lowest was $31.23. Finally the shares closed at $32.28. The 52-week high of the shares is $33.25 while the 52-week low is $17.25. According to the latest information available, the market cap of the company is $346 M.

Several Insider Transactions has been reported to the SEC. On May 23, 2016, Kelvin Coppock (SVP, Contracts) sold 6,047 shares at $24.37 per share price.Also, On May 20, 2016, Francis Peloso (SVP, CHRO) purchased 1,080 shares at $22.85 per share price.On May 17, 2016, Charles Anderson (SVP, IAM & Logistics Services) sold 2,220 shares at $24.37 per share price, according to the Form-4 filing with the securities and exchange commission.

Vectrus Inc. (Vectrus) is a provider of services to the United States government across the world. The Company offers services in three solution areas: 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 military base maintenance and operations among others. Its logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. Its information technology and network communication services consist of sustainment of communications systems network security systems installation and full life cycle management of information technology systems.

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