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

HC Liquidating

15/11/2022 24:08

* HyreCar Inc  HYRE.OQ  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for a loss
of 19 cents per share.
    * Revenue rose 6.4% to $10.27 million from a year ago;
analysts
expected $10.33 million. 
    * HyreCar Inc's reported EPS for the quarter was a loss
of 23
cents​.
    * The mean earnings estimate of analysts had risen by
about 10.7%
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 fallen by 25.2% this quarter and
lost 85.4% so far this year.
    * The company reported a quarterly loss of $5.39 million.
    * Wall Street's median 12-month price target for HyreCar Inc
is
$4.50 
    * 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 November
15 at 12:08 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.19          -0.23          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