Porch Group Inc expected to post a loss of 24  cents a share - Earnings Preview

Porch

06/08/2022 03:06

* Porch Group Inc  PRCH.OQ   PRCH.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 9. 
    * The Seattle Washington-based  company is expected to
report  a
52.0% increase in revenue to $78.017 million from $51.34 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 24 cents per share. For the same quarter last year, the
company reported a loss of 26 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "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 $11.5​, above​ its last closing price of $2.24. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.20       -0.20      -0.06     Beat    70
 Dec. 31 2022  -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.        -0.28       -0.27      -0.35     Missed  -28.4
 31 2021                                                
 Dec. 31 2020  -0.49       -0.51      -0.27     Beat    47.1​
 This summary was machine generated August 6 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated