VTEX (VTEX) Set to Announce Earnings on Tuesday

VTEX (NYSE:VTEX) is scheduled to be releasing its earnings data 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.Investors that are interested in registering for the company’s conference call can do so using this link.

VTEX (NYSE:VTEX) last issued its earnings results 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. VTEX had a return on equity of 1.36% and a net margin of 1.51%. The business had revenue of $56.50 million during the quarter, compared to the consensus estimate of $56.45 million. During the same period last year, the company earned ($0.04) EPS. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. On average, analysts expect VTEX to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

VTEX Trading Down 0.3 %

Shares of VTEX opened at $6.74 on Monday. VTEX has a 12-month low of $5.47 and a 12-month high of $9.59. The firm has a market capitalization of $1.24 billion, a P/E ratio of 224.67 and a beta of 1.40. The firm has a 50-day moving average price of $7.00 and a 200 day moving average price of $7.00. The company has a current ratio of 3.61, a quick ratio of 3.61 and a debt-to-equity ratio of 0.01.

Analyst Ratings Changes

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