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

HC Liquidating

15/08/2022 22:48

* HyreCar Inc  HYRE.OQ  reported a quarterly adjusted loss
of 20
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 24 cents per share.
    * Revenue rose 16% to $10.51 million from a year ago;
analysts
expected $10.46 million. 
    * HyreCar Inc's reported EPS for the quarter was a loss
of 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * HyreCar Inc shares had risen by 68.7% this quarter and
lost 78.1% so far this year.
    * The company reported a quarterly loss of $4.38 million.
    * Wall Street's median 12-month price target for HyreCar Inc
is
$6.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 15
at 09:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.24          -0.20          Beat
 Mar. 31 2022      -0.24          -0.24          Met
 Dec. 31 2021      -0.27          -0.14          Beat
 Sep. 30 2021      -0.28          -0.29          Missed