Vasta Platform (VSTA) Set to Announce Earnings on Thursday

Vasta Platform (NASDAQ:VSTAGet Rating) is scheduled to announce its earnings results after the market closes on Thursday, May 12th. Analysts expect the company to announce earnings of $0.07 per share for the quarter. Vasta Platform has set its Q1 2022 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Vasta Platform (NASDAQ:VSTAGet Rating) last issued its quarterly earnings results on Thursday, March 24th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. Vasta Platform had a positive return on equity of 0.72% and a negative net margin of 12.85%. The business had revenue of $73.82 million during the quarter, compared to analysts’ expectations of $77.41 million. On average, analysts expect Vasta Platform to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

VSTA opened at $5.20 on Thursday. The firm’s fifty day moving average is $5.59 and its 200 day moving average is $4.63. Vasta Platform has a fifty-two week low of $2.20 and a fifty-two week high of $9.46. The stock has a market cap of $431.66 million, a price-to-earnings ratio of -19.26, a price-to-earnings-growth ratio of 0.93 and a beta of 0.67. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.36 and a current ratio of 1.67.

VSTA has been the subject of several research reports. Zacks Investment Research lowered shares of Vasta Platform from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 20th. JPMorgan Chase & Co. upped their price objective on Vasta Platform from $6.00 to $6.50 in a research report on Tuesday, April 5th.

Institutional investors and hedge funds have recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in shares of Vasta Platform during the 3rd quarter valued at about $270,000. Renaissance Technologies LLC purchased a new position in Vasta Platform in the 4th quarter valued at $46,000. Finally, Sei Investments Co. boosted its position in Vasta Platform by 18.0% during the fourth quarter. Sei Investments Co. now owns 19,643 shares of the company’s stock worth $83,000 after acquiring an additional 3,000 shares during the last quarter. 21.74% of the stock is currently owned by institutional investors.

About Vasta Platform (Get Rating)

Vasta Platform Limited, an education company, provides educational and digital solutions to private schools operating in the K-12 educational sector in Brazil. The company operates in two segments, Content & EdTech Platform and Digital Platform. The Content & EdTech Platform segment offers core and complementary educational content solutions through digital and printed content, including textbooks, learning systems, and other complimentary educational services.

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