VSE Corp. (VSEC) Tops Q1 EPS by 26c, updates guidance

VSE Corp. (NASDAQ: VSEC) reported Q1 EPS of $1.17, $0.26 better than the analyst estimate of $0.91. Revenue for the quarter came in at $324.6 million versus the consensus estimate of $310.48 million.

UPDATED FULL YEAR 2026 CONSOLIDATED GUIDANCE

REVENUE

VSE is updating its full year 2026 revenue guidance to reflect the inclusion of PAG, which closed on May 5, 2026. The Company now expects full year revenue growth in the range of 57% to 61%, compared to its prior outlook of 19% to 23%. This increase is driven by the addition of PAG and reflects no change in expectations for VSE’s underlying business. The updated revenue guidance is presented net of intercompany eliminations.

ADJUSTED EBITDA MARGIN

VSE is also updating its full year 2026 Adjusted EBITDA margin outlook to reflect the addition of PAG. The Company now expects Adjusted EBITDA margin in the range of 18.1% to 18.5%, compared to its prior outlook of 16.8% to 17.3%. Consistent with the revenue update, this change is driven by the inclusion of PAG and does not reflect any change in expectations for the underlying business.

For earnings history and earnings-related data on VSE Corp. (VSEC) click here.

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