Vacasa (VCSA) Scheduled to Post Earnings on Thursday

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

Vacasa (NASDAQ:VCSA) last announced its quarterly earnings data on Friday, August 9th. The company reported ($0.59) EPS for the quarter, beating analysts’ consensus estimates of ($1.94) by $1.35. Vacasa had a negative net margin of 36.09% and a positive return on equity of 174.62%. The company had revenue of $248.98 million during the quarter, compared to the consensus estimate of $259.41 million. During the same quarter last year, the firm posted ($0.20) EPS. 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 traded up $0.38 during mid-day trading on Tuesday, hitting $2.95. The stock had a trading volume of 157,886 shares, compared to its average volume of 83,726. Vacasa has a twelve month low of $2.07 and a twelve month high of $13.00. The stock has a market cap of $66.61 million, a price-to-earnings ratio of -0.10 and a beta of 0.57. The company’s 50 day simple moving average is $3.03 and its 200 day simple moving average is $4.07. The company has a debt-to-equity ratio of 3.24, a quick ratio of 0.80 and a current ratio of 0.80.

Analyst Ratings Changes

VCSA has been the topic of a number of research analyst reports. Needham & Company LLC dropped their price target on 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 dropped their price objective on shares of Vacasa from $7.50 to $6.50 and set a “neutral” rating on the stock in a research report on Friday, October 25th.

About Vacasa

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.