VTEXNYSE: VTEX

VTEX (VTEX) Q4 2023 Earnings Call Transcript

The headline numbers for VTEX (VTEX) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

VTEX (VTEX) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the global enterprise digital commerce platform, will release the financial results for its fourth fiscal quarter ended December 31st, 2023, via conference call and audio webcast, on February 27th, 2024, at 4:30 pm Eastern Time. The conference call may be accessed by dialing +1-888-660-6011 (Conference ID – 1918046 –) and requesting inclusion in the call for VTEX. The live conference call can be accessed via audio webcast at the investor relations s.

VTEX (NYSE:VTEX ) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Julia Vater Fernandez - IR, Director Geraldo Thomaz - Founder, Co-CEO Mariano Gomide de Faria - Founder, Co-CEO Ricardo Camatta Sodre - CFO Andre Spolidoro - Chief Statutory Officer Conference Call Participants Marcelo Santos - JP Morgan Maddie Schrage - KeyBank Capital Markets Leonardo Olmos - UBS Franco Granda - DA Davidson Julia Vater Fernandez Hello, everyone, and welcome to the VTEX Earnings Conference Call for the Quarter Ended September 30, 2023. I am Julia Vater Fernandez, Investor Relations Director for VTEX.

NEW YORK--(BUSINESS WIRE)--VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, will release the financial results for its third fiscal quarter ended September 30th, 2023, via conference call and audio webcast, on November 7th, 2023, at 4:30 pm Eastern Time. The conference call may be accessed by dialing +1-888-660-6011 (Conference ID – 1918046 –) and requesting inclusion in the call for VTEX. The live conference call can be accessed via audio web.

VTEX (VTEX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

VTEX reported Q2 2023 financial results, beating revenue but missing earnings estimates. The company provides a digital ecommerce system for businesses seeking to operate in Latin America. With strong revenue growth, reduced operating losses, and international expansion, my outlook on VTEX stock is a Buy at around $5.60.

A UBS analyst upgraded his rating on VTEX stock from "neutral" to "buy." The analyst also significantly increased his one-year price target on the stock.