Analysts anticipate VSE to report an earnings per share (EPS) of $0.69.
Anticipation surrounds VSE's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Earnings Track Record
In the previous earnings release, the company missed EPS by $0.09, leading to a 5.39% drop in the share price the following trading session.
Here's a look at VSE's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.73
0.74
0.75
0.73
EPS Actual
0.64
0.87
0.85
0.92
Price Change %
-5.0%
-5.0%
-1.0%
8.0%
Market Performance of VSE's Stock
Shares of VSE were trading at $103.33 as of November 01. Over the last 52-week period, shares are up 79.72%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Opinions on VSE
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on VSE.
Analysts have provided VSE with 4 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $111.25, suggesting a potential 7.66% upside.
Understanding Analyst Ratings Among Peers
The below comparison of the analyst ratings and average 1-year price ...
