Earnings Outlook For VSE
Portfolio Pulse from Benzinga Insights
VSE (NASDAQ:VSEC) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.73. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. VSE shares were trading at $53.55 as of October 30, with a 52-week increase of 18.16%.
October 31, 2023 | 9:01 pm
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VSE is expected to report an EPS of $0.73 for Q3 2023. Despite beating EPS estimates in the past, the company's share price has typically dropped the following day. The stock is currently trading at $53.55, up 18.16% over the last 52 weeks.
VSE has a history of beating EPS estimates, which is generally a positive signal. However, the company's share price has typically dropped the day after earnings announcements, indicating that investors may be focusing more on the company's guidance than its earnings beats. Given the stock's positive performance over the past year, long-term investors are likely to remain bullish.
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