Published on 9 Nov 2022 on Zacks via Yahoo Finance
CarLotz, Inc. (LOTZ) Reports Q3 Loss, Lags Revenue Estimates
CarLotz, Inc. (LOTZ) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 32%. A quarter ago, it was expected that this company would post a loss of $0.25 per share when it actually produced a loss of $0.31, delivering a surprise of -24%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.