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

Vroom

10/05/2022 04:55

* Vroom Inc  VRM.OQ  reported a quarterly adjusted loss
of 71
cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss of
$1.01 per share.
    * Revenue rose 56.3% to $923.78 million from a year ago; 
analysts
expected $878.13 million. 
    * Vroom Inc's reported EPS for the quarter was a loss of
$2.26​.
    * The mean earnings estimate of analysts had fallen by
about 48.9%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Vroom Inc shares had fallen by 49.2% this quarter and
lost 87.5%
so far this year.
    * The company reported a quarterly loss of $310.46 million.
    * Wall Street's median 12-month price target for Vroom Inc
is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 03:55 a.m.  ​All
figures in US dollars unless otherwise stated