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

Porch

09/11/2022 24:16

* Porch Group Inc  PRCH.OQ  reported a quarterly adjusted
loss
of 88 cents​​ per share for the quarter ended in September. The
mean expectation of eleven analysts for the quarter was for a
loss of 20 cents per share.
    * Revenue rose 20.1% to $75.37 million from a year ago;
analysts
expected $81.74 million. 
    * Porch Group Inc's reported EPS for the quarter was a loss
of 88
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Porch Group Inc shares had fallen by 33.8% this
quarter and
lost 90.4% so far this year.
    * The company reported a quarterly loss of $86.39 million.
    * Wall Street's median 12-month price target for Porch Group
Inc
is $8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
9 at 12:15 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.21          -0.25          Missed