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$175.06M. Analysts polled by Investing.com anticipated EPS of R$-0.690 on revenue of R$176.61M.
Vasta Platform shares are up 39.37% from the beginning of the year, still down 27.96% from its 52 week high of R$6.53 set on March 10.
Vasta Platform follows other major Consumer Discretionary sector earnings this month
Vasta Platform's report follows an earnings beat by Amazon.com on October 27, who reported EPS of R$0.28 on revenue of R$127.1B, compared to forecasts EPS of R$0.22 on revenue of R$127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of R$1.05 on revenue of R$21.45B, compared to forecast for EPS of R$1.03 on revenue of R$22.5B.
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