ACV Auctions Inc. reports results for the quarter ended June 30 - Earnings Summary
ACV Auctions Inc. reports results for the quarter ended June 30 - Earnings Summary
ACV Auctions Inc. ACVA.N reported a quarterly adjusted loss of 5 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -9 cents to -6 cents per share.
Revenue rose 10.4% to $213.94 million from a year ago; analysts expected $214.89 million.
ACV Auctions Inc.'s reported EPS for the quarter was a loss of 5 cents.
The company reported a quarterly loss of $8.23 million.
ACV Auctions Inc. shares had risen by 3.8% this quarter and lost 7.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged 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 8 "strong buy" or "buy," 4 "hold" and 1 "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 $9.00, about 19.3% above its last closing price of $7.26
This summary was machine generated from LSEG data August 10 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.07 | -0.05 | Beat |
Mar. 31 2026 | -0.07 | -0.06 | Beat |
Dec. 31 2025 | -0.12 | -0.11 | Beat |
Sep. 30 2025 | -0.05 | -0.03 | Beat |
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