Recap: VSE Q4 Earnings

VSE VSEC reported its Q4 earnings results on Wednesday, March 6, 2024 at 04:30 PM.

Here's what investors need to know about the announcement.

VSE beat estimated earnings by 13.0%, reporting an EPS of $0.85 versus an estimate of $0.75.

Revenue was up $1.00 million from the same period last year.

Last quarter the company beat on EPS by $0.19 which was followed by a 8.0% increase in the share price the next day.

Here's a look at VSE's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.73	0.71	0.56	0.75
EPS Actual	0.92	0.82	0.83	0.68
Revenue Estimate	217.14M	218.34M	240.81M	237.90M
Revenue Actual	232.35M	205.22M	255.43M	234.32M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

VSE management provided guidance for Q4 2023, expecting earnings between $0.85 and $0.85 per share.

To track all earnings releases for VSE visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.