Investing.com - Vasta Platform reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Vasta Platform announced earnings per share of R$-0.630 on revenue of R$175.06M. Analysts polled by Investing.com EPS of R$-0.690 on revenue of R$176.61M.
Vasta Platform 's are up 39.37% and is trading at R$4.704 , still down 27.96% from its 52 week high of R$6.53 set on Thursday, March 10, 2022.
Vasta Platform follows other major Consumer Discretionary sector earnings this month
Vasta Platform's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of R$0.28 on revenue of R$127.1B, EPS of R$0.22 on revenue of R$127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of R$1.05 on revenue of R$21.45B, for EPS of R$1.03 on revenue of R$22.5B.
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