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.
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