Vacasa (VCSA) Scheduled to Post Earnings on Thursday

Vacasa (NASDAQ:VCSA) is scheduled to post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Vacasa to post earnings of $1.92 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Vacasa (NASDAQ:VCSA) last issued its quarterly earnings results on Friday, August 9th. The company reported ($0.59) earnings per share for the quarter, topping the consensus estimate of ($1.94) by $1.35. The firm had revenue of $248.98 million during the quarter, compared to the consensus estimate of $259.41 million. Vacasa had a positive return on equity of 174.62% and a negative net margin of 36.09%. During the same period last year, the company earned ($0.20) earnings per share. On average, analysts expect Vacasa to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Vacasa Stock Performance

NASDAQ:VCSA opened at $2.96 on Wednesday. The stock has a fifty day simple moving average of $3.03 and a 200-day simple moving average of $4.07. Vacasa has a 52-week low of $2.07 and a 52-week high of $13.00. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.24.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on VCSA. Needham & Company LLC cut their target price on shares of Vacasa from $8.00 to $5.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. The Goldman Sachs Group decreased their price target on shares of Vacasa from $7.50 to $6.50 and set a “neutral” rating for the company in a research report on Friday, October 25th.

Vacasa Company Profile

Vacasa, Inc operates vacation rental management platform in North America, Belize, and Costa Rica. The company enables guests to search, discover, and book its properties on Vacasa.com and its Guest App. Vacasa, Inc was founded in 2009 and is headquartered in Portland, Oregon.