Afya (AFYA) to Release Earnings on Wednesday

Afya (NASDAQ:AFYA) will be releasing its earnings data after the market closes on Wednesday, November 13th. Analysts expect Afya to post earnings of $0.34 per share for the quarter. Afya has set its FY 2024 guidance at EPS.

Afya (NASDAQ:AFYA) last released its quarterly earnings data on Thursday, August 15th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.06. The company had revenue of $155.40 million during the quarter, compared to analyst estimates of $151.83 million. Afya had a net margin of 18.12% and a return on equity of 18.82%. On average, analysts expect Afya to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Afya Price Performance

AFYA opened at $17.96 on Tuesday. The company has a fifty day simple moving average of $16.74 and a 200 day simple moving average of $17.29. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 0.37 and a beta of 0.91. Afya has a twelve month low of $14.64 and a twelve month high of $22.48. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.40.

Analyst Upgrades and Downgrades

Separately, UBS Group started coverage on shares of Afya in a research note on Friday, August 30th. They set a “neutral” rating and a $19.50 price objective on the stock.

About Afya

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.