Vacasa Inc reports results for the quarter ended in December - Earnings Summary

Vacasa

29/02/2024 04:54

* Vacasa Inc  VCSA.OQ  reported a quarterly adjusted loss of
$3.48​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of
$6.80.  The mean expectation of seven analysts for the quarter
was for a loss of $6.34 per share. Wall Street expected
results to range from $-7.43 to $-3.98 per share.
    * Revenue fell 18.7% to $177.44 million from a year ago;
analysts
expected $173.86 million. 
    * Vacasa Inc's reported EPS for the quarter was a loss of
$3.48​.
    * The company reported a quarterly loss of $43.6 million.
    * Vacasa Inc shares had risen by 35.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "hold"

Wall Street's median 12-month price target for Vacasa Inc is
$11.00 
This summary was machine generated from LSEG data February 29 at
04:53 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -6.34          -3.48          Beat
 Sep. 30 2023      1.02           18.42          Beat
 Jun. 30 2023      -1.71          -0.20          Beat
 Mar. 31 2023      -5.13          -2.00          Beat