VSE Q2 Adj EPS $0.82 Beats $0.71 Estimate, Sales $205.22M Miss $218.34M Estimate
Portfolio Pulse from totan@benzinga.com
VSE Corporation reported Q2 earnings of $0.82 per share, beating the analyst consensus estimate of $0.71 by 15.49%. However, the company's quarterly sales of $205.22 million missed the analyst consensus estimate of $218.34 million by 6.01%. This represents a 15.10% decrease in sales compared to the same period last year.
July 26, 2023 | 8:42 pm
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NEUTRAL IMPACT
VSE Corporation's Q2 earnings beat estimates but sales missed, indicating mixed financial performance.
VSE Corporation's earnings beat estimates, which is a positive signal for investors. However, the missed sales estimates and the decrease in sales compared to the same period last year could negatively impact investor sentiment. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100