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

Vtex

06/08/2024 23:52

* VTEX  VTEX.N  reported quarterly adjusted earnings of 3
cents​​
per share for the quarter ended in June, higher than the same
quarter last year, when the company reported EPS of -4 cents. 
The mean expectation of two analysts for the quarter was
for earnings of one cent per share. 
    * Revenue rose 18.1% to $56.54 million from a year ago;
analysts
expected $55.61 million. 
    * VTEX's reported EPS for the quarter was 3 cents​.
    * The company reported quarterly net income of $4.94
million.
    * VTEX shares had fallen by 17.9% this quarter and
lost 13.4% so
far this year.

FORECAST CHANGES
    * 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," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for VTEX is $10.00 
This summary was machine generated from LSEG data August 6 at
10:52 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
 Jun. 30 2024      0.01           0.03           Beat
 Mar. 31 2024      0.00           -0.01          Missed
 Dec. 31 2023      0.01           0.02           Beat
 Sep. 30 2023      -0.03          -0.01          Beat