Recap: Vacasa Q1 Earnings

Vacasa (NASDAQ:VCSA) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM. Here’s what investors…

Vacasa (NASDAQ:VCSA) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Vacasa beat estimated earnings by 61.54%, reporting an EPS of $-0.1 versus an estimate of $-0.26.

Revenue was up $9.59 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.72 which was followed by a 24.93% drop in the share price the next day.

Here’s a look at Vacasa’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.38 0.07 0.06 -0.13
EPS Actual 0.34 0.04 0.02 -0.13
Revenue Estimate 206.23M 391.65M 285.48M 251.13M
Revenue Actual 218.16M 412.18M 310.35M 247.26M

To track all earnings releases for Vacasa visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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