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 and are trading at R$4.704 , down-from-52-week-high.
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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