VSE Q4 Adj EPS $0.85 Beats $0.75 Estimate, Sales $235.32M Beat $234.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
VSE Corporation (NASDAQ:VSEC) reported Q4 adjusted earnings per share of $0.85, surpassing the consensus estimate of $0.75 by 13.33%. Quarterly sales reached $235.32 million, slightly above the estimate of $234.91 million.
March 06, 2024 | 9:34 pm
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VSE Corporation reported higher than expected Q4 earnings and sales, indicating a positive performance against market expectations.
Beating both earnings and sales estimates typically indicates a company's strong performance and operational efficiency, which can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100