Vasta Platform Ltd (VSTA) Q3 2024 Earnings Report Preview: What To Expect

Author's Avatar
7 days ago

Vasta Platform Ltd (VSTA, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $38.54 million, and the earnings are expected to come in at -$0.17 per share. The full year 2024's revenue is expected to be $284.86 million and the earnings are expected to be $0.04 per share. More detailed estimate data can be found on the Forecast page.

Vasta Platform Ltd (VSTA, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Vasta Platform Ltd (VSTA) for the full year 2024 have declined from $287.26 million to $284.86 million and for 2025 from $326.54 million to $317.37 million. Earnings estimates have also seen a decrease, with projections for the full year 2024 moving from $0.17 per share to $0.04 per share and for 2025 from $0.48 per share to $0.21 per share.

Vasta Platform Ltd (VSTA, Financial) Reported History

In the previous quarter of June 30, 2024, Vasta Platform Ltd's (VSTA) actual revenue was $50.87 million, which beat analysts' revenue expectations of $50.64 million by 0.46%. Vasta Platform Ltd's (VSTA) actual earnings were -$0.14 per share, which met analysts' earnings expectations. After releasing the results, Vasta Platform Ltd (VSTA) was up by 3.57% in one day.

1854142756969148416.png

Vasta Platform Ltd (VSTA, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 3 analysts, the average target price for Vasta Platform Ltd (VSTA) is $2.77 with a high estimate of $3 and a low estimate of $2.50. The average target implies an upside of 2.86% from the current price of $2.69.

Based on GuruFocus estimates, the estimated GF Value for Vasta Platform Ltd (VSTA, Financial) in one year is $5.35, suggesting an upside of 98.88% from the current price of $2.69.

Based on the consensus recommendation from 4 brokerage firms, Vasta Platform Ltd's (VSTA, Financial) average brokerage recommendation is currently 3.8, indicating an "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1854142830780510208.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.