02:23 PM EDT, 05/09/2024 (MT Newswires) -- VSE (VSEC) shares were down more than 7% in recent Thursday trading, a day after the company reported Q1 results.

VSE booked $0.87 in Q1 adjusted diluted earnings per share, up from $0.71 a year earlier.

Analysts polled by Capital IQ expected $0.72.

Revenue for the quarter ended March 31 was $241.5 million, up from $188.6 million a year earlier.

Analysts surveyed by Capital IQ expected $236.5 million.

Meanwhile, the company said finance chief Steve Griffin is leaving and Tarang Sharma will become interim CFO, starting May 27.

Price: 78.97, Change: -6.24, Percent Change: -7.32