Vitru Limited (NASDAQ:VTRU) Expected to Announce Earnings of $0.02 Per Share

Equities research analysts expect Vitru Limited (NASDAQ:VTRU) to announce earnings of $0.02 per share for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for Vitru’s earnings. The business is expected to announce its next quarterly earnings report before the market opens on Monday, November 23rd.

On average, analysts expect that Vitru will report full-year earnings of $0.60 per share for the current year, with EPS estimates ranging from $0.53 to $0.67. For the next financial year, analysts forecast that the business will report earnings of $0.64 per share, with EPS estimates ranging from $0.57 to $0.70. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Vitru.

Several analysts recently commented on VTRU shares. Bank of America assumed coverage on Vitru in a research note on Tuesday, October 13th. They issued a “buy” rating on the stock. Morgan Stanley began coverage on shares of Vitru in a report on Tuesday, October 13th. They issued an “overweight” rating and a $18.50 target price on the stock. Credit Suisse Group began coverage on shares of Vitru in a report on Thursday, October 22nd. They set a “neutral” rating and a $15.00 price target for the company. Finally, The Goldman Sachs Group began coverage on shares of Vitru in a research report on Tuesday, October 13th. They issued a “buy” rating on the stock.

Several hedge funds have recently made changes to their positions in VTRU. Hound Partners LLC bought a new stake in Vitru in the 3rd quarter worth about $310,000. ExodusPoint Capital Management LP purchased a new position in shares of Vitru in the 3rd quarter worth approximately $848,000. Morgan Stanley bought a new position in shares of Vitru in the third quarter valued at approximately $56,000. Carlyle Group Inc. purchased a new stake in shares of Vitru during the third quarter valued at approximately $81,079,000. Finally, Caas Capital Management LP bought a new stake in Vitru during the third quarter worth $974,000.

Shares of VTRU opened at $14.10 on Friday. The stock has a 50 day moving average of $13.52. Vitru has a 1 year low of $11.32 and a 1 year high of $17.00.

Vitru Company Profile

Vitru Limited operates as a distance learning education company in the postsecondary digital education market in Brazil. The company offers distance learning undergraduate courses in hybrid methodology, which consists of weekly in-person meetings with on-site tutors. Its courses comprise primary of pedagogy, business administration, accounting, physical education, vocational, engineering, and health-related courses.

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