Afya Limited Issues Guidance for 2nd Half of 2019
Afya Limited - Class A Common Shares (AFYA)
Last afya limited - class a common shares earnings: 12/2 07:12 am
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Source: GlobeNewswire
NOVA LIMA, Brazil, Sept. 02, 2019 (GLOBE NEWSWIRE) -- Afya Limited, or Afya (Nasdaq: AFYA), today issued guidance for results for the second half of 2019 (2H19). Afya’s management disclosed guidance in order to clarify that the combination of 1H19 results and the guidance for 2H19 are in line with expected Pro Forma Adjusted EBITDA above R$300 million for the full year 2019. 2H 2019 Guidance: Guidance for 2H19Important considerationsPro Forma Net Revenues is expected between R$415 million and R$430 million Excludes the net revenues of IPEC or any other acquisition that may be concluded in 2H19 Pro Forma Adjusted EBITDA margin is expected between 38% and 40% Eliminates the impact of the adoption of IFRS 16 in 2019Excludes the Adjusted EBITDA of IPEC or any other acquisition that may be concluded in 2H19Definition of Adjusted EBITDA included in Afya’s 2Q19 earnings release and at the end of this press release Reconciliation of 1H19 Pro Forma Net Revenues for 1H19 and Guidance for 2
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- Declining Stock and Solid Fundamentals: Is The Market Wrong About Afya Limited (NASDAQ:AFYA)? [Yahoo! Finance]Yahoo! Finance
- Afya Limited (NASDAQ: AFYA) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "sell" rating and a $16.00 price target on the stock.MarketBeat
AFYA
Earnings
- 11/13/24 - Beat
AFYA
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/19/24 - Form 6-K
- 11/14/24 - Form SC
- AFYA's page on the SEC website