Vasta Platform Q2 EPS $(0.10), Inline, Sales $56.49M Beat $54.47M Estimate
Portfolio Pulse from totan@benzinga.com
Vasta Platform (NASDAQ:VSTA) reported Q2 EPS of $(0.10), meeting analyst expectations, and sales of $56.49M, beating the $54.47M estimate. This represents a 50% improvement in EPS and a 3.04% increase in sales year-over-year.
August 07, 2024 | 10:20 pm
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Vasta Platform reported Q2 EPS of $(0.10), meeting expectations, and sales of $56.49M, beating estimates by 3.71%. EPS improved by 50% YoY, and sales increased by 3.04%.
The company's EPS met expectations, which is neutral, but the sales beat and year-over-year improvements in both EPS and sales are positive indicators. This suggests a likely short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100