HyreCar Q2 Earnings Preview

On Wednesday, August 14, HyreCar HYRE will release its latest earnings report. Benzinga's outlook for HyreCar is included in the following report.

Earnings and Revenue

HyreCar's per-share loss will be near 13 cents on sales of $3.77 million, according to Wall Street analysts.

In the same quarter last year, HyreCar reported an EPS loss of 92 cents on revenue of $2.27 million. Sales would be up 65.86% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate -0.160 -0.13 -0.13  
EPS Actual -0.140 -0.31 -0.15 -0.92

Stock Performance

Over the past 52-week period, shares of HyreCar have declined 2.35%. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on HyreCar stock is a Sell. The strength of this rating has dwindled over the past three months.

Conference Call

HyreCar is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: http://public.viavid.com/player/index.php?id=135722

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Posted In: EarningsNewsEarnings Previews
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