VSE (VSEC) Issues Quarterly Earnings Results
VSE (NASDAQ:VSEC) posted its quarterly earnings data on Thursday. The construction company reported $0.60 earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $169.92 million for the quarter. VSE had a return on equity of 11.11% and a net margin of 5.03%.
VSEC stock traded down $1.39 during trading hours on Friday, hitting $28.88. 44,381 shares of the stock were exchanged, compared to its average volume of 28,386. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.68 and a quick ratio of 1.09. The stock has a market capitalization of $316.24 million, a price-to-earnings ratio of 9.52 and a beta of 1.21. VSE has a 12 month low of $26.95 and a 12 month high of $51.83.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.11%. The ex-dividend date is Tuesday, April 30th.
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.
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