VSE: Q1 Earnings Snapshot

Associated Press Finance
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ALEXANDRIA, Va. (AP) — ALEXANDRIA, Va. (AP) — VSE Corp. (VSEC) on Monday reported first-quarter earnings of $9.1 million.

The Alexandria, Virginia-based company said it had profit of 71 cents per share. Earnings, adjusted for one-time gains and costs, came to 83 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

The supply and logistics company posted revenue of $255.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $239.2 million.

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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

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