Vacasa Q2 EPS $(0.01) Beats $(0.09) Estimate, Sales $304.58M Beat $294.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vacasa (NASDAQ:VCSA) reported Q2 earnings per share of $(0.01), beating the analyst consensus estimate of $(0.09) by 88.89%. The company's quarterly sales were $304.58M, surpassing the analyst consensus estimate of $294.79M by 3.32%. However, this represents a 1.86% decrease over sales from the same period last year.
August 08, 2023 | 8:18 pm
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NEUTRAL IMPACT
Vacasa's Q2 earnings and sales beat analyst estimates, which could positively impact the stock. However, the YoY decrease in sales may temper this impact.
Vacasa's better-than-expected Q2 earnings and sales could boost investor confidence and positively impact the stock. However, the year-over-year decrease in sales indicates a potential slowdown in growth, which could offset some of this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100