VSE Corp Q4 Profit Beats Estimates

VSE Corp (VSEC) released a profit for fourth quarter that beat the Street estimates.

The company's earnings totaled $15.53 million, or $0.77 per share. This compares with $12.83 million, or $0.82 per share, last year.

Excluding items, VSE Corp reported adjusted earnings of $0.90 per share for the period.

Analysts on average had expected the company to earn $0.72 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 27.1% to $299.02 million from $235.33 million last year.

VSE Corp earnings at a glance (GAAP) :

-Earnings: $15.53 Mln. vs. $12.83 Mln. last year.
-EPS: $0.77 vs. $0.82 last year.
-Revenue: $299.02 Mln vs. $235.33 Mln last year.

by RTTNews Staff Writer

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