VSE Q3 2023 Adj EPS $0.92 Beats $0.73 Estimate, Sales $232.35M Beat $217.14M Estimate
Portfolio Pulse from saritha@benzinga.com
VSE Corporation (NASDAQ:VSEC) reported Q3 2023 earnings of $0.92 per share, beating the analyst consensus estimate of $0.73 by 26.03%. This is a 21.05% increase from the same period last year. The company also reported quarterly sales of $232.35 million, surpassing the analyst consensus estimate of $217.14 million by 7.01%, but marking a 4.18% decrease from the same period last year.
November 01, 2023 | 8:36 pm
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VSE Corporation reported better than expected Q3 2023 earnings and sales. However, there was a YoY decrease in sales.
VSE Corporation's earnings beat estimates, which is likely to have a positive impact on the stock price. However, the YoY decrease in sales might temper investor enthusiasm, hence the score of 1 instead of a higher score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100