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

ACV Auctions

10/11/2021 22:04

* ACV Auctions Inc  ACVA.OQ  reported a quarterly adjusted loss
of 16 cents​​ per share for the quarter ended in September. The
mean expectation of twelve analysts for the quarter was for a
loss of 17 cents per share.
* Revenue was $91.80 million​;  analysts expected $87.42
million. 
* ACV Auctions Inc's reported EPS for the quarter was a loss
of 16 cents​.
* The mean earnings estimate of analysts had risen by
about 36.8% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* ACV Auctions Inc shares had risen by 10.6% this quarter.
* The company reported a quarterly loss of $24.8 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 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 10 at 10:04 p.m.
 ​All figures in US dollars unless otherwise stated