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

Vasta Platform (NASDAQ:VSTA - Get Free Report) is scheduled to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to post earnings of ($0.14) per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Vasta Platform (NASDAQ:VSTA - Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.07. Vasta Platform had a negative net margin of 2.82% and a positive return on equity of 1.82%. The company had revenue of $56.48 million for the quarter, compared to analysts' expectations of $57.35 million. 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 0.8 %

NASDAQ VSTA traded down $0.02 during trading on Thursday, hitting $2.60. 6,091 shares of the company's stock traded hands, compared to its average volume of 61,975. The stock has a fifty day moving average of $2.56 and a two-hundred day moving average of $3.03. Vasta Platform has a 12-month low of $2.11 and a 12-month high of $4.55. The firm has a market cap of $210.61 million, a P/E ratio of -53.40 and a beta of 0.12. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.60 and a quick ratio of 1.27.

Wall Street Analyst Weigh In

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

Vasta Platform Company Profile

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.