How did VTEX's Q4 2024 earnings surprise impact investor sentiment?

**VTEX's Q4 2024 earnings surprise had a negative impact on investor sentiment**, as evidenced by the following points: 1. **Earnings Per Share (EPS) Miss**: The EPS surprise for Q4 2024 was -0.04, indicating a decline from the previous quarter's EPS of $0.02. This miss likely contributed to investor disappointment. 2. **Revenue Miss**: While revenue for the quarter was $56 million, which is a 10.6% increase year-over-year, it missed the Zacks Consensus Estimate of $57.08 million. This miss, coupled with the EPS surprise, contributed to a negative sentiment. 3. **Analyst Expectations**: Analysts had expected higher earnings, with a consensus EPS estimate of $0.02 for the quarter. The actual EPS of -0.04 was significantly lower than expected, leading to concerns among investors about the company's financial health and future growth prospects. 4. **Market Reaction**: Following the earnings release, VTEX's stock price experienced a decrease of 4.25%, reflecting investor sentiment reflected in the stock price. 5. **Broader Market Perception**: The company's stock has underperformed the S&P 500, with a loss of about 0.3% since the beginning of the year compared to the S&P 500's gain of 19.8%. This underperformance can be attributed, in part, to the Q4 2024 earnings surprise. In conclusion, VTEX's Q4 2024 earnings surprise, with a significant EPS miss and a revenue miss, likely led to a decline in investor sentiment, as reflected in the stock price and analyst expectations.