Porch Group Inc expected to post a loss of 46 cents a share - Earnings Preview

Porch

05/08/2023 03:01

* Porch Group Inc  PRCH.OQ   PRCH.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 8. 
    * The Seattle Washington-based  company is expected to
report  a
21.3% increase in revenue to $85.866 million from $70.77 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Porch Group Inc is
for a
loss of 46 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $3.5​, above​ its last closing price of $1.27. ​​​

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 2023  -0.36       -0.35      -0.41     Missed  -17.1
 Dec. 31 2023  -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.        -0.20       -0.20      -0.06     Beat    70
 31 2022                                                
 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
 This summary was machine generated August 5 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated