Porch Group (NASDAQ:PRCH) reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Porch Group beat estimated earnings by 70.0%, reporting an EPS of $-0.06 versus an estimate of $-0.2.
Revenue was up $35.82 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 11.95% drop in the share price the next day.
Here's a look at Porch Group's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | -0.14 | -0.16 | -0.32 |
| EPS Actual | -0.25 | -0.15 | -0.26 | -0.76 |
| Revenue Estimate | 54.64M | 57.27M | 47.05M | 23.06M |
| Revenue Actual | 51.58M | 62.77M | 51.34M | 26.74M |
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.
