VSE Corp's stock surged 7.62% in pre-market trading on Thursday, following the company's impressive fourth-quarter earnings report and continued 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.
In response to the strong results, analyst firm William Blair reiterated its "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.
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