Afya (AFYA) to Release Earnings on Wednesday

Afya (NASDAQ:AFYA) will issue its quarterly earnings data 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 posted its earnings results on Thursday, August 15th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.06. Afya had a net margin of 18.12% and a return on equity of 18.82%. The firm had revenue of $155.40 million during the quarter, compared to the consensus estimate 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 %

Shares of NASDAQ AFYA opened at $17.96 on Tuesday. The firm’s 50-day moving average is $16.74 and its two-hundred day moving average is $17.29. The company has a market capitalization of $1.68 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 0.37 and a beta of 0.91. Afya has a 12-month low of $14.64 and a 12-month high of $22.48. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.47 and a quick ratio of 1.47.

Wall Street Analyst Weigh In

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

Afya Company Profile

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.