Vtex Q2 EPS $(0.04) Misses $(0.02) Estimate, Sales $47.89M Beat $45.58M Estimate
Portfolio Pulse from vinayak@benzinga.com
Vtex (NYSE:VTEX) reported Q2 losses of $(0.04) per share, missing the analyst consensus estimate of $(0.02) by 75 percent. However, the company's quarterly sales of $47.89 million beat the analyst consensus estimate of $45.58 million by 5.06 percent.
August 08, 2023 | 8:08 pm
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NEUTRAL IMPACT
Vtex's Q2 earnings per share missed estimates by 75%, but sales exceeded estimates by 5.06%.
Vtex's earnings per share missed estimates, which could negatively impact the stock. However, the company's sales exceeded estimates, which could have a positive effect. The net impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100