VSE Corp reports results for the quarter ended in September - Earnings Summary

VSE

02/11/2023 11:38

* VSE Corp  VSEC.OQ  reported quarterly adjusted earnings of
92
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 76 cents.  The mean expectation of five analysts for the
quarter was for earnings of 76 cents per share. Wall Street
expected results to range from 60 cents to 82 cents per share.
    * Revenue fell 4.6% to $231.35 million from a year ago;
analysts
expected $218.15 million. 
    * VSE Corp's reported EPS for the quarter was 63 cents​.
    * The company reported quarterly net income of $9.56
million.
    * VSE Corp shares had risen by 7.2% this quarter and
gained 15.3%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for VSE Corp is
$68.50 

This summary was machine generated from LSEG data November 2 at
11:38 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.76           0.92           Beat
 Jun. 30 2023      0.75           0.82           Beat
 Mar. 31 2023      0.56           0.83           Beat
 Dec. 31 2022      0.75           0.68           Missed