VSE Corp's stock soared 9.52% in the pre-market session on Thursday, following the company's better-than-expected fourth-quarter earnings report and bullish sentiment from analysts.
The supply and logistics company reported Q4 earnings of $0.90 per share, surpassing analysts' expectations of $0.73 per share. Revenue for the quarter also exceeded forecasts, growing 27.1% year-over-year to $299 million.
Analysts responded favorably to the strong results, with William Blair reiterating a "Buy" rating on VSE Corp's stock. The firm highlighted the company's solid earnings growth and potential for further expansion in the aerospace and defense sectors, fueling optimism around VSE Corp's prospects.
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