Earnings Outlook For VSE

VSE (NASDAQ:VSEC) will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.

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 ...