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

ACV Auctions

16/02/2022 22:38

* ACV Auctions Inc  ACVA.OQ  reported a quarterly adjusted
loss
of 17 cents​​ per share for the quarter ended in December. The
mean expectation of fourteen analysts for the quarter was for a
loss of 20 cents per share.
    * Revenue rose 86.3% to $100.18 million from a year ago; 
analysts
expected $86.72 million. 
    * ACV Auctions Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * ACV Auctions Inc shares had fallen by 40.4% this quarter.
    * The company reported a quarterly loss of $26.31 million.
    * Wall Street's median 12-month price target for ACV
Auctions Inc
is $29.00 
    * 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." 

This summary was machine generated February 16 at 10:38 p.m.
 ​All figures in US dollars unless otherwise stated