VSE Corporation (NASDAQ:VSEC) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, VSEC to report 3Q20 income of $ 0.59 per share from revenue of $ 163.03 million.
For the full year, analysts anticipate top line of $ 671.10 million, while looking forward to income of $ 2.19 per share bottom line.
Previous Quarter Performance
VSE Corporation outlined income for the second quarter of $ 0.60 per share, from the revenue of $ 168.72 million. Wall street analysts are predicting, VSEC to report 2Q20 income of $ 0.25 per share from revenue of $ 142.00 million. The bottom line results beat street analysts by $ 0.35 or 140.00 percent, at the same time, top line results outshined analysts by $ 26.72 million or 18.82 percent.
Stock Performance
Shares of VSE Corporation traded low $ -0.53 or -1.71 percent on Tuesday, reaching $ 30.43 with volume of 10.10 thousand shares. VSE Corporation has traded high as $ 30.76 and has cracked $ 30.76 on the downward trend
According to the previous trading day, closing price of $ 30.43, representing a 123.86 % increase from the 52 week low of $ 13.83 and a 24.74 % decrease over the 52 week high of $ 41.14.
The company has a market capital of $ 336.04 million and is part of the Industrials sector and Engineering & Construction industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.09 per share on July 29, 2020. The dividend were payable on November 18, 2020 to holders of record as of the close of business on November 4, 2020 and ex-dividend date on November 3, 2020.
VSE Corporation operates as a diversified services and supply company in the United States. The company operates in three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management.
