VSE Corp Forecasts Q4 EPS of $0.88 (-2.2%) and $294.6M Revenue
VSE Corp is projected to report Q4 EPS of $0.88, down 2.2% year-over-year, on revenues of $294.6 million, a 1.5% decline. Consensus EPS estimates have been revised up 2% in the past month, but a lower Most Accurate Estimate yields an Earnings ESP of –1.30%.
1. EPS and Revenue Forecast
VSE Corp is expected to post fourth quarter earnings of $0.88 per share, representing a 2.2% year-over-year decline, on revenues of $294.6 million, down 1.5% from a year ago.
2. Estimate Revisions and Earnings ESP
Consensus EPS estimates for the quarter have been revised 2% higher over the last 30 days, but a lower Most Accurate Estimate has produced a negative Earnings ESP of –1.30%, indicating limited odds of an earnings beat.
3. Earnings History and Outlook
The company has surpassed consensus EPS estimates in each of the past four quarters, but its current Zacks Rank #3 (Hold) and negative ESP suggest tempered stock movement potential pending actual results.