Afya (AFYA) Scheduled to Post Quarterly Earnings on Wednesday

Afya (NASDAQ:AFYA) will announce its earnings results after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Afya has set its FY 2024 guidance at EPS.

Afya (NASDAQ:AFYA) last issued its earnings results on Thursday, August 15th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.06. Afya had a return on equity of 18.82% and a net margin of 18.12%. The firm had revenue of $155.40 million for the quarter, compared to analyst estimates of $151.83 million. On average, analysts expect Afya to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Afya Stock Up 1.1 %

Afya stock opened at $17.96 on Tuesday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 0.40. Afya has a 52 week low of $14.64 and a 52 week high of $22.48. The business’s 50-day moving average price is $16.74 and its 200 day moving average price is $17.29. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 14.84, a price-to-earnings-growth ratio of 0.37 and a beta of 0.91.

Wall Street Analyst Weigh In

Separately, UBS Group began coverage on shares of Afya in a research note on Friday, August 30th. They set a “neutral” rating and a $19.50 target price on the stock.

About Afya

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.