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Vinci Partners Investments (VINP) Tops Q3 Earnings and Revenue Estimates
VINPVinci Partners(VINP) ZACKS·2024-11-08 02:56

Group 1 - Vinci Partners Investments (VINP) reported quarterly earnings of 0.19pershare,exceedingtheZacksConsensusEstimateof0.19 per share, exceeding the Zacks Consensus Estimate of 0.16 per share, and showing an increase from 0.11pershareayearago,resultinginanearningssurpriseof18.750.11 per share a year ago, resulting in an earnings surprise of 18.75% [1] - The company posted revenues of 20.67 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 4.18%, although this represents a decline from year-ago revenues of 22.35million[2]VinciPartnershassurpassedconsensusEPSestimatestwotimesoverthelastfourquartersandhastoppedconsensusrevenueestimatesfourtimesduringthesameperiod[2]Group2Thestockhasunderperformedthemarket,losingabout322.35 million [2] - Vinci Partners has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates four times during the same period [2] Group 2 - The stock has underperformed the market, losing about 3% since the beginning of the year, while the S&P 500 has gained 24.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is 0.17 on revenues of 21.04million,andforthecurrentfiscalyear,itis21.04 million, and for the current fiscal year, it is 0.65 on revenues of $83.52 million [7] Group 3 - The Zacks Industry Rank indicates that the Financial - Miscellaneous Services sector is currently in the top 31% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this industry [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]