Picture of ACV Auctions logo

ACVA ACV Auctions News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyAdventurousMid CapNeutral

ACV Auctions Inc reports results for the quarter ended June 30 - Earnings Summary

ACV Auctions Inc ACVA.N reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -10 cents.  The mean expectation of thirteen analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -8 cents to -4 cents per share.

Revenue rose 20.6% to $193.70 million from a year ago; analysts expected $196.11 million.

ACV Auctions Inc's reported EPS for the quarter was a loss of 4 cents​.

The company reported a quarterly loss of $7.3 million.

ACV Auctions Inc shares had fallen by 16.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8.2% 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 12 "strong buy" or "buy," 2 "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 $23.50, about 43.2% above its last closing price of $13.35

This summary was machine generated from LSEG data August 11 at 09:01 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.06-0.04Beat
Mar. 31 2025-0.12-0.09Beat
Dec. 31 2024-0.14-0.16Missed
Sep. 30 2024-0.11-0.10Beat

Recent news on ACV Auctions

See all news