Porch Group Inc expected to post a loss of 35 cents a share - Earnings Preview

Porch

09/05/2023 03:03

* 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
11.1% increase in revenue to $69.507 million from $62.56 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 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"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 $4​, above​ its last closing price of $0.89. ​​​

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 2022  -0.20       -0.28      -0.36     Missed  -28.1
 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
 ​​Dec.        -0.20       -0.21      -0.25     Missed  -20.8
 31 2021                                                
 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
 This summary was machine generated May 9 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated