* Vacasa Inc reported quarterly adjusted earnings of $2.10 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $18.42. The mean expectation of six analysts for the quarter was for earnings of $2.33 per share. Wall Street expected results to range from $1.59 to $3.13 per share.
* Revenue fell 17.2% to $314.05 million from a year ago; analysts expected $305.16 million.
* Vacasa Inc's reported EPS for the quarter was $2.10.
* The company reported quarterly net income of $41.45 million.
* Vacasa Inc shares had risen by 2.5% this quarter and lost 64.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 4% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the online services peer group is also "hold"
Wall Street's median 12-month price target for Vacasa Inc is $5.00 This summary was machine generated from LSEG data November 8 at 08:59 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jan. 1 0001 2.33 2.10 Missed
Jun. 30 2024 -1.91 -0.59 Beat
Mar. 31 2024 -2.61 -6.36 Missed
Dec. 31 2023 -6.34 -3.48 Beat
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