Porch Group Inc reports results for the quarter ended in December - Earnings Summary

Porch

14/03/2023 21:46

* Porch Group Inc  PRCH.OQ  reported a quarterly adjusted
loss
of 36 cents​​ per share for the quarter ended in December. The
mean expectation of ten analysts for the quarter was for a loss
of 28 cents per share.
    * Revenue rose 24.3% to $64.11 million from a year ago;
analysts
expected $66.28 million. 
    * Porch Group Inc's reported EPS for the quarter was a loss
of 36
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Porch Group Inc shares had fallen by 2.1% this quarter.
    * The company reported a quarterly loss of $35.47 million.
    * Wall Street's median 12-month price target for Porch Group
Inc
is $5.75 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 14 at 09:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.28          -0.36          Missed
 Sep. 30 2022      -0.20          -0.88          Missed
 Jun. 30 2022      -0.24          -0.27          Missed
 Mar. 31 2022      -0.20          -0.06          Beat