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VSE posts 4Q profit

ALEXANDRIA, Va. (AP) _ VSE Corp. (VSEC) on Thursday reported fourth-quarter earnings of $17.4 million.

On a per-share basis, the Alexandria, Virginia-based company said it had net income of $1.59. Earnings, adjusted for pretax gains, were 62 cents per share.

The supply and logistics company posted revenue of $194.8 million in the period.

For the year, the company reported profit of $39.1 million, or $3.60 per share. Revenue was reported as $760.1 million.

VSE shares have decreased almost 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $47.06, a climb of 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VSEC at https://www.zacks.com/ap/VSEC