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PRCH — Porch News Story

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Porch Group Inc reports results for the quarter ended June 30 - Earnings Summary

Porch Group Inc reports results for the quarter ended June 30 - Earnings Summary
  • Porch Group Inc PRCH.OQ reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents. The mean expectation of seven analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -10 cents to -1 cents per share.

  • Revenue rose 23.2% to $131.81 million from a year ago; analysts expected $124.03 million.

  • Porch Group Inc's reported EPS for the quarter was 5 cents​.

  • The company reported quarterly net income of $5.6 million.

  • Porch Group Inc shares had fallen by 16.0% this quarter and gained 38.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 38% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

  • Wall Street's median 12-month price target for Porch Group Inc is $16.25, about 22.3% above its last closing price of $12.63

This summary was machine generated from LSEG data July 29 at 09:02 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

-0.04

0.05

Beat

Mar. 31 2026

-0.07

-0.04

Beat

Dec. 31 2025

-0.07

-0.03

Beat

Sep. 30 2025

-0.03

-0.10

Missed

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