Porch Group Inc expected to post a loss of 11 cents a share - Earnings Preview

Porch

02/05/2025 23:08

Porch Group Inc PRCH.OQ PRCH.O is expected to show a fall in quarterly revenue when it reports  results on May 6 for the period ending March 31 2025

The Seattle Washington-based  company is expected to report a 31.2% decrease in revenue to $79.439 million from $115.44 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Porch Group Inc is for a loss of 11 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Porch Group Inc is $8.00​, above​ its last closing price of $6.14. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.07
0.06
0.31
Beat
389.5
Sep. 30 2024
-0.31
-0.30
0.12
Beat
140.5
Jun. 30 2024
-0.55
-0.53
-0.65
Missed
-21.7​
Mar. 31 2024
-0.34
-0.34
-0.20
Beat
41.7
​​Dec. 31 2023
-0.20
-0.20
-0.03
Beat
85.3
Sep. 30 2023
-0.27
-0.25
-0.06
Beat
76.2​
Jun. 30 2023
-0.56
-0.48
-0.67
Missed
-38.9
Mar. 31 2023
-0.36
-0.35
-0.41
Missed
-17.1

This summary was machine generated May 2 at 22:08 GMT.  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)