ACV Auctions Inc reports results for the quarter ended December 31 - Earnings Summary

ACV Auctions

19/02/2025 22:02

* ACV Auctions Inc  ACVA.OQ  reported a quarterly adjusted
loss
of 16 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of -14 cents.  The mean expectation of thirteen analysts for the
quarter was for a loss of 14 cents per share. Wall Street
expected results to range from -16 cents to -12 cents per share.
    * Revenue rose 34.8% to $159.51 million from a year ago;
analysts
expected $156.77 million. 
    * ACV Auctions Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $26.14 million.
    * ACV Auctions Inc shares had fallen by 2.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for ACV Auctions Inc
is $25.00 
This summary was machine generated from LSEG data February 19 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.14          -0.16          Missed
 Sep. 30 2024      -0.11          -0.10          Beat
 Jun. 30 2024      -0.11          -0.10          Beat
 Mar. 31 2024      -0.09          -0.12          Missed