Afya Limited's stock soared 6.59% during intraday trading on Friday, following the company's release of its fourth-quarter financial results.
The medical education provider reported adjusted earnings of R$2.25 per diluted share for the quarter ended December 31, significantly surpassing the analyst consensus estimate of R$1.82 per share. Revenue for the period rose to R$913.0 million, up from R$849.0 million a year earlier.
Additionally, the company issued revenue guidance for 2026, projecting between R$3.95 billion and R$4.10 billion, which aligns with market expectations. The strong earnings performance appears to be the key driver behind the positive investor sentiment and the stock's significant price increase.