Porch Group: Q2 Earnings Insights

Porch Group: Q2 Earnings Insights

 

Porch Group PRCH reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:20 PM.

Here's what investors need to know about the announcement.

Earnings

Porch Group missed estimated earnings by 12.5%, reporting an EPS of $-0.27 versus an estimate of $-0.24.

Revenue was up $19.43 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 8.36% increase in the share price the next day.

Here's a look at Porch Group's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.20 -0.21 -0.14 -0.16
EPS Actual -0.06 -0.25 -0.15 -0.26
Revenue Estimate 59.43M 54.64M 57.27M 47.05M
Revenue Actual 62.56M 51.58M 62.77M 51.34M

To track all earnings releases for Porch Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings