Vacasa Q1 2024 Adj EPS $(0.12) Beats $(2.61) Estimate, Sales $209.472M Beat $200.876M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vacasa (NASDAQ:VCSA) reported Q1 2024 adjusted EPS of $(0.12), significantly beating the $(2.61) estimate. Sales reached $209.472M, surpassing the $200.876M estimate but marking an 18.45% decrease from the previous year.

May 09, 2024 | 10:02 pm
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POSITIVE IMPACT
Vacasa reported a significant beat on both EPS and sales estimates for Q1 2024, with adjusted EPS at $(0.12) against a $(2.61) estimate and sales of $209.472M beating the $200.876M forecast.
Beating both EPS and sales estimates significantly, especially by such a large margin on the EPS front, is likely to be viewed positively by investors. The substantial outperformance against analysts' expectations could lead to increased investor confidence and a potential short-term uplift in VCSA's stock price, despite the year-on-year sales decrease.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100