Recap: VSE Q4 Earnings
Portfolio Pulse from Benzinga Insights
VSE Corporation (NASDAQ:VSEC) reported Q4 earnings with an EPS of $0.85, beating estimates by 13.0% and showing a revenue increase of $1.00 million year-over-year. The company has a history of beating EPS estimates, which has previously led to a share price increase. VSE provided guidance for Q4 2023, expecting earnings between $0.85 and $0.85 per share.
March 06, 2024 | 9:50 pm
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VSE Corporation reported a strong Q4 earnings beat with an EPS of $0.85, surpassing estimates by 13.0%, and a revenue increase from the previous year. The company has a consistent record of beating earnings estimates, which has historically resulted in share price increases.
VSE Corporation's Q4 earnings beat and consistent history of surpassing EPS estimates suggest a positive short-term impact on its stock price. Historical data shows that past earnings beats have led to share price increases the following day. Given this pattern and the company's performance exceeding expectations, it is likely that VSE's stock price will experience upward movement in the short term.
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