ACV Auctions: Q2 Earnings Insights

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ACV Auctions ACVA reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.

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

Earnings

ACV Auctions beat estimated earnings by 11.11%, reporting an EPS of $-0.16 versus an estimate of $-0.18.

Revenue was up $17.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 0.61% increase in the share price the next day.

Here's a look at ACV Auctions's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.16 -0.20 -0.17 -0.28
EPS Actual -0.19 -0.17 -0.16 -0.06
Revenue Estimate 101.56M 86.50M 87.42M 74.30M
Revenue Actual 103.06M 100.18M 91.80M 97.37M

To track all earnings releases for ACV Auctions visit their earnings calendar here.

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

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