Porch Group Inc expected to post a loss of 21  cents a share - Earnings Preview

Porch

26/02/2022 03:04

* Porch Group Inc  PRCH.OQ   PRCH.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 1. 
    * The Seattle Washington-based  company is expected to
report  a
180.0% increase in revenue to $54.643 million from $19.51
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Porch Group Inc is
for a
loss of 21 cents per share. For the same quarter last year, the
company reported a loss of 27 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"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 $30​, about 72.1% above​ its last closing price of $8.37. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  -0.49       -0.51      -0.27     Beat    47.1
 ​​                                                     
                                                        ​
 This summary was machine generated February 26 at 03:03 GMT. 
All figures in US dollars  unless otherwise stated