Earnings Outlook For Afya

Afya (NASDAQ:AFYA) will release its quarterly earnings report on Wednesday, 2024-11-13. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Afya to report an earnings per share (EPS) of $0.36.

The announcement from Afya is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Overview of Past Earnings

Last quarter the company beat EPS by $0.09, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Afya's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.35

0.45

0.31

0.27

EPS Actual

0.44

0.55

0.36

0.28

Price Change %

-3.0%

0.0%

6.0%

2.0%

Tracking Afya's Stock Performance

Shares of Afya were trading at $17.96 as of November 11. Over the last 52-week period, shares are down 4.67%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Insights Shared by Analysts on Afya

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Afya.

A total of 1 analyst ratings have been received for Afya, with the consensus rating being Neutral. The average one-year price target stands at $19.5, suggesting a ...