Porch Group Inc expected to post a loss of 34 cents a share - Earnings Preview

Porch

07/05/2024 03:29

* Porch Group Inc  PRCH.OQ   PRCH.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Seattle Washington-based  company is expected to
report a
19.8% increase in revenue to $104.684 million from $87.37
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Porch Group Inc is for a
loss
of 34 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 $5.00​, above​ its last closing price of $3.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.27       -0.20      -0.03     Beat    85.3
 Sep. 30 0001  -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
 ​​Dec.        -0.20       -0.28      -0.36     Missed  -28.1
 31 2022                                                
 Sep. 30 2022  -0.19       -0.20      -0.88     Missed  -344.4
                                                        ​
 Jun. 30 2022  -0.22       -0.24      -0.27     Missed  -13.9
 Mar. 31 2022  -0.20       -0.20      -0.06     Beat    70
 This summary was machine generated May 7 at 02:28 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)