Vacasa Q2 2024 GAAP EPS $(0.59), Sales $248.976M Miss $249.802M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vacasa (NASDAQ:VCSA) reported Q2 2024 GAAP EPS of $(0.59) and sales of $248.976 million, missing the analyst consensus estimate of $249.802 million by 0.33%. This represents an 18.26% decrease in sales compared to the same period last year.
August 08, 2024 | 10:18 pm
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NEGATIVE IMPACT
Vacasa reported Q2 2024 GAAP EPS of $(0.59) and sales of $248.976 million, missing the analyst consensus estimate by 0.33%. Sales decreased by 18.26% compared to the same period last year.
The earnings report shows a significant year-over-year decline in sales and a miss on both EPS and revenue estimates. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100