VSE Corp. (VSEC) Misses Q2 EPS by 3c ; Provides Outlook
VSE Corp. (NASDAQ: VSEC) reported Q2 EPS of $0.64, $0.03 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $266 million versus the consensus estimate of $255.06 million.
GUIDANCE
VSE is reaffirming its full-year 2024 revenue growth and Adjusted EBITDA margin guidance for its Aviation segment. The guidance is as follows:
Aviation segment full-year 2024 revenue guidance range of 34% to 38% growth, as compared to the prior year.
Aviation segment full-year 2024 Adjusted EBITDA margin guidance range of 15.5% to 16.5%.
VSE is reaffirming its full-year 2024 revenue growth and Adjusted EBITDA margin guidance for its Fleet segment. The guidance is as follows:
Fleet segment full-year 2024 revenue guidance range is 0% to 5%, as compared to the prior year.
Fleet segment full-year 2024 Adjusted EBITDA margin guidance is 6% to 8%.
For earnings history and earnings-related data on VSE Corp. (VSEC) click here.
