Vasta Platform (VSTA) Scheduled to Post Quarterly Earnings on Thursday

Vasta Platform (NASDAQ:VSTA) is set to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Vasta Platform (NASDAQ:VSTA) last released its earnings results on Wednesday, August 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.07. The firm had revenue of $56.48 million during the quarter, compared to analysts’ expectations of $57.35 million. Vasta Platform had a positive return on equity of 1.82% and a negative net margin of 2.82%. On average, analysts expect Vasta Platform to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Vasta Platform Trading Down 2.6 %

Shares of Vasta Platform stock traded down $0.07 during trading on Tuesday, reaching $2.62. The stock had a trading volume of 507 shares, compared to its average volume of 61,188. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.27 and a current ratio of 1.60. The stock has a fifty day moving average price of $2.55 and a two-hundred day moving average price of $3.00. Vasta Platform has a 52 week low of $2.11 and a 52 week high of $4.55.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut Vasta Platform from an “overweight” rating to an “underweight” rating in a research note on Tuesday, August 27th.

About Vasta Platform

Vasta Platform Limited provides educational printed and digital solutions to private schools operating in the K-12 education sector in Brazil. The company offers digital and printed textbooks, teacher handbooks, exercise books, multidisciplinary subject books, and student evaluations; and PAR platform that allows schools to select their preferred books and materials and follow their own specific teaching methods.