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

ACV Auctions

11/08/2021 22:14

* ACV Auctions Inc  ACVA.OQ  reported a quarterly adjusted loss
of 6 cents​​ per share for the quarter ended in June. The mean
expectation of twelve analysts for the quarter was for a loss
of 25 cents per share.
* Revenue was $97.37 million​;  analysts expected $75.24
million. 
* ACV Auctions Inc's reported EPS for the quarter was a loss
of 6 cents​.
* The mean earnings estimate of analysts had fallen by
about 60.5% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* ACV Auctions Inc shares had fallen by 6.7% this quarter.
* The company reported a quarterly loss of $9.69 million.
* Wall Street's median 12-month price target for ACV Auctions
Inc is $35.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 11 at 09:14 p.m.  ​All
figures in US dollars unless otherwise stated