Published on 15 Mar 2023 on Zacks via Yahoo Finance
Porch Group, Inc. (PRCH) Reports Q4 Loss, Misses Revenue Estimates
Porch Group, Inc. (PRCH) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.29. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -10.34%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.30, delivering a surprise of -66.67%.
Over the last four quarters, the company has not been able to surpass consensus EPS estimates.