|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||11.21 - 11.94|
|52 Week Range||11.21 - 23.18|
|Beta (5Y Monthly)||0.74|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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It’s hard to tell where the markets are heading right now. Are we on the path to recovery or is there more pain ahead? Is a recession at the gate or can it be averted? Going by one indicator, a recession is indeed in the cards, according to J.P. Morgan’s head of global equity strategy Mislav Matejka. Whenever jobless claims have exceeded by 10% or more their current three-month average, a recession has materialized. And that has just occurred. But that doesn’t necessarily mean it’s time to pack
Thank you for standing by, and welcome to Arco Platform second quarter 2022 earnings call. Now I'll turn the conference over to Carina Carreira, Arco's IR director. With me on the call today, we have Arco's CEO, Ari de Sa Cavalcante Neto; and Arco's CFO, Roberto Otero.
Arco Platform Limited (ARCE) delivered earnings and revenue surprises of -900% and 15.60%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?