Vroom Inc reports results for the quarter ended in June - Earnings Summary

Vroom

08/08/2023 23:31

* Vroom Inc  VRM.OQ  reported a quarterly adjusted loss
of 51
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 57 cents per share.
    * Revenue fell 52.6% to $225.18 million from a year ago;
analysts
expected $225.56 million. 
    * Vroom Inc's reported EPS for the quarter was a loss of 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Vroom Inc shares had risen by 37.5% this quarter and
gained 94.1% so far this year.
    * The company reported a quarterly loss of $66.32 million.
    * Wall Street's median 12-month price target for Vroom Inc
is
$1.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.57          -0.51          Beat
 Mar. 31 2023      -0.56          -0.57          Missed
 Dec. 31 2022      -0.69          -0.61          Beat
 Sep. 30 2022      -0.62          -0.64          Missed