Afya (AFYA) reported Q1 earnings late Thursday of 2.85 Brazilian reais ($0.43) per diluted share, up from 2.76 reais a year earlier.

Two analysts polled by FactSet expected 2.64 reais.

Revenue for the quarter ended March 31 was 1.01 billion reais, up from 936.4 million reais a year earlier.

Analysts surveyed by FactSet expected 1 billion reais.

For 2026, the medical education provider reaffirmed its revenue guidance of 3.95 billion reais to 4.10 billion reais. Analysts polled by FactSet expect 4.01 billion reais.