Porch Group Inc expected to post earnings of 6 cents a share - Earnings Preview

Porch

21/02/2025 21:28

* Porch Group Inc  PRCH.OQ   PRCH.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 25 for
the period ending December 31 2024
    * The Seattle Washington-based  company is expected to
report a
3.8% decrease in revenue to $110.297 million from $114.61
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Porch Group Inc is for
earnings of 6 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $7.00​, above​ its last closing price of $4.81. ​​​

The company's guidance on December 9 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of of USD32 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.31       -0.30      0.12      Beat    140.5
 Jun. 30 2024  -0.55       -0.53      -0.65     Missed  -21.7
 Mar. 31 2024  -0.34       -0.34      -0.20     Beat    41.7​
 Dec. 31 2023  -0.20       -0.20      -0.03     Beat    85.3
 ​​Sep.        -0.27       -0.25      -0.06     Beat    76.2
 30 2023                                                
 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. 31 2022  -0.20       -0.28      -0.36     Missed  -28.1
 This summary was machine generated February 21 at 21:28 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)