Vacasa (VCSA) Set to Announce Quarterly Earnings on Thursday

Vacasa (NASDAQ:VCSA) is scheduled to be releasing its earnings data after the market closes on Thursday, August 8th. Analysts expect Vacasa to post earnings of ($1.94) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Vacasa (NASDAQ:VCSA) last released its quarterly earnings results on Thursday, May 9th. The company reported ($1.43) earnings per share for the quarter, beating the consensus estimate of ($2.50) by $1.07. Vacasa had a positive return on equity of 88.37% and a negative net margin of 33.68%. The firm had revenue of $209.47 million for the quarter, compared to analysts’ expectations of $209.94 million. During the same period in the prior year, the firm earned ($2.00) EPS. On average, analysts expect Vacasa to post $-5 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Vacasa Price Performance

Shares of VCSA opened at $3.55 on Wednesday. The business has a fifty day moving average of $4.37 and a 200 day moving average of $6.26. The firm has a market capitalization of $79.63 million, a P/E ratio of -0.12 and a beta of 0.60. Vacasa has a one year low of $3.52 and a one year high of $15.40.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. The Goldman Sachs Group decreased their target price on Vacasa from $9.50 to $8.50 and set a “neutral” rating on the stock in a report on Monday, May 13th. Needham & Company LLC decreased their target price on shares of Vacasa from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, May 10th.

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.