Vacasa Shares Plunge 24% Following Q4 Earnings Release
<p><a href='https://financialmodelingprep.com/financial-summary/VCSA'>Vacasa, Inc. (NASDAQ:VCSA)</a> shares plummeted more than 24% on Wednesday after the company reported its Q4 results, with EPS of ($0.70) coming in worse than the Street estimate of ($0.37). Revenue was $218 million, compared to the Street estimate of $206.24 million.</p>
<p>According to the analysts at Deutsche Bank, the company's disappointing forward guidance for Q1/23 and the full 2023-year, coupled with growing supply challenges, is likely to keep it in the penalty box for quite some time.</p>
<p>Additionally, elevated supply churn will stoke fears that the operational issues that the company has been facing over the last several quarters cannot be resolved without meaningfully impacting the top-line growth algorithm.</p>

NASDAQ:VCSA