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This aviation services stock is back near a high after the company's turnaround earnings report last week. The company is refocusing on its aviation business.
VSE Corporation (NASDAQ:VSEC ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Michael Perlman - Vice President, Investor Relations & Treasury John Cuomo - President & Chief Executive Officer Adam Cohn - Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Ken Herbert - RBC Capital Markets Michael Ciarmoli - Truist Louie Dipalma - William Blair Jeff Van Sinderen - B. Riley Securities Josh Sullivan - Benchmark Operator Good morning, and welcome to the VSE Corporation Fourth Quarter and Full Year 2024 Results Conference Call.
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (NASDAQ: VSEC; “VSE”, or the “Company”), a leading provider of aftermarket distribution and repair services, announced results for the fourth quarter and full year 2024. FOURTH QUARTER 2024 RESULTS(1) (As compared to the Fourth Quarter 2023) Total Revenues of $299.0 million increased 27% GAAP Net Income of $15.5 million increased 21% GAAP EPS (Diluted) of $0.77 decreased 6% Adjusted EPS(2) (Diluted) of $0.90 increased 6% Adjusted EBITDA(2) of $39.
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, today announced executive leadership appointments supporting the Company's business transformation to a pure-play aviation aftermarket parts and services provider. Following the recently announced Fleet segment divestiture, these changes are designed to support the Company's future growth and strategic priorities and drive a more streamline.
NEW YORK--(BUSINESS WIRE)-- #acquisition--OEP Agrees to Acquire Wheeler Fleet Solutions.
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that the Company has entered into a definitive agreement to sell its Fleet business segment, Wheeler Fleet Solutions, to One Equity Partners (“OEP”) for up to $230 million in total consideration. VSE's Fleet segment or Wheeler Fleet Solutions is a leading part distributor and engineering solutions provider servicing the medi.
The mean of analysts' price targets for VSE (VSEC) points to a 25.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that it will issue fourth quarter and full year 2024 results after the market close on Wednesday, February 26, 2025. A conference call will be held on Thursday, February 27, 2025, at 8:30 A.M ET to review the Company's financial results, discuss events, and conduct a question-and-answer session. A webcast of the conference c.
MIRAMAR, Fla.--(BUSINESS WIRE)--VSE Corporation (“VSE” or the “Company”) (NASDAQ: VSEC), a leading provider of aftermarket distribution and repair services, announced today that VSE Corporation's senior management will participate in the following upcoming conferences. TD Cowen 46th Annual Aerospace & Defense Conference in Arlington, VA, on February 12th. John Cuomo, President and CEO of VSE Corporation, will present at 2:50 PM Eastern Time. Management will also participate in one-on-one in.
The mean of analysts' price targets for VSE (VSEC) points to a 25.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.