VSE Corporation

VSEC

US9182841000

Aerospace & Defense

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
76.01 ^USD	-1.13%		+0.44%	+17.64%

Apr. 24	VSE Completes $120 Million Acquisition of Turbine Controls	MT
Apr. 24	VSE Corporation completed the acquisition of Turbine Controls, Inc.	CI

VSE Corporation Reports Earnings Results for the Full Year Ended December 31, 2023

March 08, 2024 at 06:10 am EST

VSE Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was USD 860.49 million compared to USD 669.45 million a year ago. Net income was USD 39.13 million compared to USD 28.06 million a year ago.

Basic earnings per share from continuing operations was USD 3.05 compared to USD 2.09 a year ago. Diluted earnings per share from continuing operations was USD 3.04 compared to USD 2.08 a year ago. Basic earnings per share was USD 2.77 compared to USD 2.2 a year ago.

Diluted earnings per share was USD 2.76 compared to USD 2.19 a year ago.

Latest news about VSE Corporation

VSE Completes $120 Million Acquisition of Turbine Controls	Apr. 24	MT
VSE Corporation completed the acquisition of Turbine Controls, Inc.	Apr. 23	CI
VSE Keeps Quarterly Dividend at $0.10 a Share; Payable May 16 to Shareholders of Record on May 2	Mar. 08	MT
VSE Corporation Declares Quarterly Cash Dividend, Payable on May 16, 2024	Mar. 08	CI
VSE Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 08	CI
Transcript : VSE Corporation, Q4 2023 Earnings Call, Mar 07, 2024	Mar. 07
VSE Corporation Announces Management Resignations	Mar. 06	CI
VSE Q4 Adjusted Earnings, Revenue Rise	Mar. 06	MT
Earnings Flash (VSEC) VSE CORPORATION Posts Q4 Revenue $235.3M, vs. Street Est of $234.5M	Mar. 06	MT
Earnings Flash (VSEC) VSE CORPORATION Reports Q4 EPS $0.85, vs. Street Est of $0.80	Mar. 06	MT
B. Riley Securities Raises VSE's Price Target to $91 From $80 on Heels of Announced Purchase of Turbine Controls, Maintains Buy Rating	Mar. 01	MT
VSE Reports Preliminary Q4 Results; Launches Strategic Review for Fleet Segment; Agrees to Acquire Turbine Controls	Mar. 01	MT
An undisclosed buyer acquired Federal and Defense segment assets of VSE Corporation.	Feb. 29	CI
(VSEC) VSE CORPORATION Forecasts Fiscal Year 2023 EPS $3.31	Feb. 29	MT
(VSEC) VSE CORPORATION Expects Q4 EPS $0.85	Feb. 29	MT
(VSEC) VSE CORPORATION Preliiminary 2023 Revenue $860M	Feb. 29	MT
(VSEC) VSE CORPORATION Sees Q4 Revenue $235M	Feb. 29	MT
Earnings Flash (VSEC) VSE CORPORATION Posts Q4 EPS $0.85, vs. Street Est of $0.74	Feb. 29	MT
VSE Corporation Announces Review of Strategic Alternatives for the Fleet Segment	Feb. 28	CI
VSE Corporation entered into a Definitive Agreement to Acquire Turbine Controls, Inc. for approximately $120 million.	Feb. 28	CI
RBC Raises Price Target on VSE Corp. to $80 From $70, Keeps Outperform Rating	Feb. 27	MT
CLEAResult Consulting, Inc. acquired Energetics Incorporated from VSE Corporation.	Feb. 14	CI
Truist Adjusts VSE's Price Target to $86 From $77, Keeps Buy Rating	Jan. 10	MT
VSE Corporation Enters into Sixth Amendment to the Fourth Amended and Restated Business Loan and Security Agreement	Jan. 04	CI
VSE Maintains Quarterly Dividend of $0.10 a Share, Payable Feb. 8 to Shareholders as of Jan. 25	Dec. 21	MT

Chart VSE Corporation

Duration

Period

More charts

Company Profile

VSE Corporation is a provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for air and land transportation assets for commercial and government markets. Its Aviation segment provides aftermarket parts distribution and MRO services for components and engine accessories supporting commercial, business and general aviation operators. This business offers a range of services to a diversified global client base of commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. Its Fleet segment is specialized in part distribution, engineering solutions, and supply chain management services supporting the medium and heavy-duty fleet market. Fleet segment operations are conducted under the brand Wheeler Fleet Solutions, which supports government and commercial truck fleets with parts, sustainment solutions and managed inventory services.

Sector

Aerospace & Defense

Calendar

2024-05-07 - Q1 2024 Earnings Release

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for VSE Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

76.01 USD

Average target price

85.5 USD

Spread / Average Target

+12.49%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Aerospace & Defense

	1st Jan change	Capi.
VSE CORPORATION	+17.64%	1.2B
RTX CORPORATION	+20.53%	135B
GENERAL DYNAMICS CORPORATION	+9.53%	77.91B
NORTHROP GRUMMAN CORPORATION	+2.63%	71.1B
BAE SYSTEMS PLC	+20.67%	50.29B
ROLLS-ROYCE HOLDINGS PLC	+40.51%	43.87B
L3HARRIS TECHNOLOGIES, INC.	+1.86%	40.69B
HINDUSTAN AERONAUTICS LIMITED	+42.10%	31.95B
RHEINMETALL AG	+82.72%	24.31B
AXON ENTERPRISE, INC.	+19.32%	23.26B

Other Aerospace & Defense

VSE Corporation

Equities

VSEC

US9182841000

Aerospace & Defense

VSE Corporation Reports Earnings Results for the Full Year Ended December 31, 2023

EPS Revisions