VTEX (VTEX) Scheduled to Post Earnings on Tuesday

VTEX (NYSE:VTEX - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, November 5th. Analysts expect VTEX to post earnings of $0.02 per share for the quarter. VTEX has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Persons interested in listening to the company's earnings conference call can do so using this link.

VTEX (NYSE:VTEX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.04. The firm had revenue of $56.50 million during the quarter, compared to analysts' expectations of $56.45 million. VTEX had a return on equity of 1.36% and a net margin of 1.51%. The company's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.04) EPS. On average, analysts expect VTEX to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

VTEX Price Performance

Shares of NYSE VTEX traded up $0.09 during trading hours on Tuesday, reaching $6.93. 492,442 shares of the stock traded hands, compared to its average volume of 474,039. The company's 50-day simple moving average is $7.04 and its two-hundred day simple moving average is $7.01. The company has a market capitalization of $1.28 billion, a P/E ratio of 231.08 and a beta of 1.39. VTEX has a 52-week low of $5.31 and a 52-week high of $9.59. The company has a quick ratio of 3.61, a current ratio of 3.61 and a debt-to-equity ratio of 0.01.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lifted their price target on shares of VTEX from $9.00 to $10.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 7th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $10.40.

VTEX Company Profile

VTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating, and managing orders across channels, and creating marketplaces to sell products from third-party vendors.