Vtex Reports Results For The Quarter Ended In December: Earnings Summary

Vtex

27/02/2024 23:23

* VTEX  VTEX.N  reported quarterly adjusted earnings of 2
cents​​
per share for the quarter ended in December, higher than the
same quarter last year, when the company reported breakeven
earnings per share.  The mean expectation of four analysts for
the quarter was for earnings of one cent per share. Wall Street
expected results to range from -2 cents to 2 cents per share.
    * Revenue rose 33.5% to $60.72 million from a year ago;
analysts
expected $57.09 million. 
    * VTEX's reported EPS for the quarter was 2 cents​.
    * The company reported quarterly net income of $3.23
million.
    * VTEX shares had risen by 7.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 33.3%
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 "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for VTEX is
$9.00 

This summary was machine generated from LSEG data February 27 at
11:22 p.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      0.01           0.02           Beat
 Sep. 30 2023      -0.03          -0.01          Beat
 Jun. 30 2023      -0.02          -0.03          Missed
 Mar. 31 2023      -0.03          -0.04          Missed