Porch Group Inc expected to post a loss of 20  cents a share - Earnings Preview

Porch

06/05/2022 21:10

* Porch Group Inc  PRCH.OQ   PRCH.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 10. 
    * The Seattle Washington-based  company is expected to
report  a
122.2% increase in revenue to $59.431 million from $26.74
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Porch Group Inc is
for a
loss of 20 cents per share. For the same quarter last year, the
company reported a loss of 35 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Porch Group
Inc
is $18​, above​ its last closing price of $3.77. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  -0.20       -0.21      -0.25     Missed  -20.8
 Sep. 30 2021  -0.13       -0.14      -0.05     Beat    63.8
 Jun. 30 2021  -0.16       -0.16      -0.26     Missed  -60​
 Mar. 31 2021  -0.28       -0.27      -0.35     Missed  -28.4
 ​​Dec.        -0.49       -0.51      -0.27     Beat    47.1
 31 2020                                                
                                                        ​
 This summary was machine generated May 6 at 20:10 GMT.  All
figures in US dollars  unless otherwise stated