Vacasa (VCSA) Scheduled to Post Earnings on Thursday

Vacasa (NASDAQ:VCSA) is set to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $1.92 per share for the quarter. Persons that are interested in participating in the company’s earnings 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 (EPS) for the quarter, beating analysts’ consensus estimates of ($1.94) by $1.35. Vacasa had a positive return on equity of 174.62% and a negative net margin of 36.09%. The firm had revenue of $248.98 million during the quarter, compared to analyst estimates of $259.41 million. During the same period last year, the company 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 Price Performance

Shares of NASDAQ:VCSA traded up $0.38 during trading hours on Tuesday, hitting $2.95. 157,886 shares of the company’s stock traded hands, compared to its average volume of 83,726. Vacasa has a 52 week low of $2.07 and a 52 week high of $13.00. The company 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 fifty day simple moving average is $3.03 and its two-hundred 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.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. The Goldman Sachs Group dropped their price target on Vacasa from $7.50 to $6.50 and set a “neutral” rating on the stock in a report on Friday, October 25th. Needham & Company LLC decreased their price objective on shares of Vacasa from $8.00 to $5.00 and set a “buy” rating for the company in a report on Friday, August 9th.

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.