Vacasa Q4 2023 GAAP EPS $(3.48) Beats $(5.95) Estimate, Sales $177.44M Beat $173.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vacasa (NASDAQ:VCSA) reported Q4 2023 earnings with a GAAP EPS of $(3.48), surpassing the $(5.95) estimate. Sales reached $177.44M, exceeding the $173.86M forecast but marking an 18.66% decrease from the previous year.
February 28, 2024 | 9:27 pm
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Vacasa reported better-than-expected Q4 2023 earnings and sales, with an EPS of $(3.48) and sales of $177.44M, despite a year-over-year sales decrease.
Vacasa's better-than-expected earnings and sales figures for Q4 2023, beating both EPS and sales estimates, are likely to positively impact investor sentiment in the short term. Despite the year-over-year decrease in sales, the significant beat on earnings estimates could drive positive momentum in the stock price. However, the decrease in sales year-over-year might temper some of the positive sentiment.
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