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

Vtex

07/05/2024 23:01

* VTEX  VTEX.N  reported a quarterly adjusted loss of 1
cent​​ per
share for the quarter ended in March, 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 breakeven results per share. Wall Street expected results to
range from -1 cents tozero cents per share.
    * Revenue rose 24.5% to $52.65 million from a year ago;
analysts
expected $53.46 million. 
    * VTEX's reported EPS for the quarter was a loss of 1 cent​.
    * The company reported a quarterly loss of $2.45 million.
    * VTEX shares had fallen by 1.1% this quarter and
gained 17.4% 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 5 "strong buy" or "buy," 2
"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 May 7 at 10:01
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
 Mar. 31 2024      0.00           -0.01          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