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VSE (NASDAQ:VSEC) reported its Q4 earnings results on Wednesday, March 6, 2024 at 04:30 PM.
Here's what investors need to know about the announcement.
VSE beat estimated earnings by 13.0%, reporting an EPS of $0.85 versus an estimate of $0.75.
Revenue was up $1.00 million from the same period last year.
Last quarter the company beat on EPS by $0.19 which was followed by a 8.0% increase in the share price the next day.
Here's a look at VSE's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.73 | 0.71 | 0.56 | 0.75 |
| EPS Actual | 0.92 | 0.82 | 0.83 | 0.68 |
| Revenue Estimate | 217.14M | 218.34M | 240.81M | 237.90M |
| Revenue Actual | 232.35M | 205.22M | 255.43M | 234.32M |
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).
VSE management provided guidance for Q4 2023, expecting earnings between $0.85 and $0.85 per share.
To track all earnings releases for VSE visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: VSEC
