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Afya Limited (NASDAQ: AFYA) will release its Third Quarter and Nine Months 2022 Financial Results on November 21, 2022, after market close. A conference call and webcast will follow at 5:00 PM ET. Analysts' consensus figures for 3Q22 show net revenue estimates ranging from R$ 555 million to R$ 599 million with an average of R$ 579 million. Adjusted EBITDA estimates are projected between R$ 205 million and R$ 245 million, with an average of R$ 228 million and an adjusted EBITDA margin of 39%.
Positive
Projected net revenue estimates average R$ 579 million.
Estimated adjusted EBITDA average R$ 228 million.
Negative
Lack of specific guidance on future performance metrics.
No mention of year-over-year growth metrics.
NOVA LIMA, Brazil--(BUSINESS WIRE)--
Afya Limited, or Afya (Nasdaq: AFYA), today announced that it will report Third Quarter and Nine Months 2022 Financial Results for the period ended September 30, 2022, following the close of the market on Monday, November 21st, 2022 and will host a corresponding conference call and webcast at 05:00 pm ET.
A live and archived webcast of the call will be available on the Investor Relations section of the Company’s website at https://ir.afya.com.br/.
To participate in Afya’s Third Quarter and Nine Months 2022 conference call, please follow the instructions below:
Afya also announces today the publication of its 3Q22 sell-side analysts’ consensus figures. The consensus figures are based on the forecasts of analysts who follow Afya results on a regular basis. This information was collected between October 17, 2022 and October 20, 2022, directly from the sell-side analysts. These firms follow Afya on their own initiative and Afya is not responsible for their views. Afya is neither involved in the collection of the information nor in the compilation of the estimates.
R$ Million
Institution 1
Institution 2
Institution 3
Institution 4
Institution 5
Average
Net Revenue
555
563
592
585
599
579
Adjusted EBITDA
205
224
245
230
236
228
Adjusted EBITDA Margin
37%
40%
41%
39%
39%
39%
Disclaimer
The consensus estimate is based on estimates, forecasts and predictions made by third-party financial analysts. It is not prepared based on information provided or checked by Afya and can only be seen as a consensus view of Afya’s results from an outside perspective. Afya has not provided input on these forecasts, except by referring to past publicly disclosed information. Afya does not accept any responsibility for the quality or accuracy of any individual forecast or estimate. This press release may contain forward-looking statements based on current assumptions and forecasts made by Afya or third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between Afya’s actual future results, financial situation, development or performance, and the estimates given here. Further information on these and other factors that could affect our financial results is included in filings we make with the Securities and Exchange Commission from time to time, including the section titled “Risk Factors” in our most recent Rule 424(b) prospectus. These documents are available on the SEC Filings section of the investor relations section of our website at: https://ir.afya.com.br/.
About Afya:
Afya is a leading medical education group in Brazil based on the number of medical school seats, delivering an end-to-end physician-centric ecosystem that serves and empowers students and physicians to transform their ambitions into rewarding lifelong experiences from the moment they join us as medical students through their medical residency preparation, graduation program, continuing medical education activities and offering digital products to help doctors enhance their healthcare services through their whole career.
