Earnings Report - Vestis Corporation (NYSE:VSTS) is set to release its fourth-quarter earnings results on December 1, with analysts expecting earnings of 6 cents per share and revenue of $678.30 million [1] Recent Performance - Vestis reported better-than-expected results for the third quarter on August 5, leading to a 1.6% increase in share price, closing at $6.44 [1] Analyst Ratings - JP Morgan analyst Andrew Steinerman maintained an Underweight rating and reduced the price target from $6 to $5.5 [4] - Barclays analyst Manav Patnaik also maintained an Underweight rating, cutting the price target from $10 to $5 [4] - Baird analyst Andrew Wittmann kept a Neutral rating and lowered the price target from $17 to $13 [4] - Goldman Sachs analyst George Tong maintained a Neutral rating, reducing the price target from $15 to $13 [4]
Top Wall Street Forecasters Revamp Vestis Expectations Ahead Of Q4 Earnings