ACV Auctions Inc expected to post a loss of 20  cents a share - Earnings Preview

ACV Auctions

14/02/2022 21:53

* ACV Auctions Inc  ACVA.OQ   ACVA.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 16. 
    * The Buffalo New York-based  company is expected to report 
a
61.1% increase in revenue to $86.587 million from $53.76 million
a year ago, according to the mean estimate from 11 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ACV Auctions Inc is
for a
loss of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ACV
Auctions Inc
is $29​, about 63.8% above​ its last closing price
of $10.51. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.18       -0.17      -0.16     Beat    8.2
 Jun. 30 2021  -0.20       -0.25      -0.06     Beat    76.3
 Mar. 31 2021  -0.67       -0.68      -0.51     Beat    24.7​
 ​​                                                     
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 This summary was machine generated February 14 at 21:53 GMT. 
All figures in US dollars  unless otherwise stated