Porch Group Inc expected to post a loss of 30 cents a share - Earnings Preview

Reuters

2024-11-06

* Porch Group Inc is expected to show a fall in quarterly revenue when it reports results on November 7 for the period ending January 1 0001

* The Seattle Washington-based company is expected to report a 10.3% decrease in revenue to $116.218 million from $129.56 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

* LSEG's mean analyst estimate for Porch Group Inc is for a loss of 30 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for Porch Group Inc is $4.00, above its last closing price of $2.10.

Previous quarterly performance (using preferred earnings measure in US dollars).

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.55 -0.53 -0.65 Missed -21.7

Jan. 1 2024 -0.34 -0.34 -0.20 Beat 41.7

Jan. 1 0001 -0.20 -0.20 -0.03 Beat 85.3

Jan. 1 0001 -0.27 -0.25 -0.06 Beat 76.2

Jun. -0.56 -0.48 -0.67 Missed -38.9

30 2023

Jan. 1 0001 -0.36 -0.35 -0.41 Missed -17.1

Dec. 31 2022 -0.20 -0.28 -0.36 Missed -28.1

Sep. 30 2022 -0.19 -0.20 -0.88 Missed -344.4

This summary was machine generated November 6 at 04:34 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Porch Group Inc    expected to post a loss of 30 cents a share - Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPorch Group Inc    expected to post a loss of 30 cents a share - Earnings Preview\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2024-11-06 12:34</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p>* Porch Group Inc     is expected to show a fall in quarterly revenue when it reports  results on November 7 for the period ending January 1 0001</p><p>   * The Seattle Washington-based  company is expected to report a 10.3% decrease in revenue to $116.218 million from $129.56 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.</p><p>   * LSEG's mean analyst estimate for Porch Group Inc is for a loss of 30 cents per share. </p><p>   * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 5 \"strong buy\" or \"buy,\" 2 \"hold\" and no \"sell\" or \"strong sell.\"  </p><p>   * The mean earnings estimate of analysts was unchanged in the last three months. </p><p>   * Wall Street's median 12-month price target for Porch Group Inc is $4.00, above its last closing price of $2.10. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jun. 30 2024  -0.55       -0.53      -0.65     Missed  -21.7</p><p>Jan. 1 2024   -0.34       -0.34      -0.20     Beat    41.7</p><p>Jan. 1 0001   -0.20       -0.20      -0.03     Beat    85.3</p><p>Jan. 1 0001   -0.27       -0.25      -0.06     Beat    76.2</p><p>Jun.        -0.56       -0.48      -0.67     Missed  -38.9</p><p>30 2023                                                </p><p>Jan. 1 0001   -0.36       -0.35      -0.41     Missed  -17.1</p><p>Dec. 31 2022  -0.20       -0.28      -0.36     Missed  -28.1</p><p>Sep. 30 2022  -0.19       -0.20      -0.88     Missed  -344.4</p><p>This summary was machine generated November 6 at 04:34 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481077619","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481077619","pubTimestamp":1730867666,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Porch Group Inc     is expected to show a fall in quarterly revenue when it reports  results on November 7 for the period ending January 1 0001   * The Seattle Washington-based  company is expected ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Porch Group Inc预计每股亏损30美分-收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRCH":0.9},"content_text":"* Porch Group Inc     is expected to show a fall in quarterly revenue when it reports  results on November 7 for the period ending January 1 0001   * The Seattle Washington-based  company is expected to report a 10.3% decrease in revenue to $116.218 million from $129.56 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.   * LSEG's mean analyst estimate for Porch Group Inc is for a loss of 30 cents per share.    * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 5 \"strong buy\" or \"buy,\" 2 \"hold\" and no \"sell\" or \"strong sell.\"     * The mean earnings estimate of analysts was unchanged in the last three months.    * Wall Street's median 12-month price target for Porch Group Inc is $4.00, above its last closing price of $2.10. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRIENDING        ARTESTIMAT  ESTIMATE             MET,    SE %              E®                               MISSED  Jun. 30 2024  -0.55       -0.53      -0.65     Missed  -21.7Jan. 1 2024   -0.34       -0.34      -0.20     Beat    41.7Jan. 1 0001   -0.20       -0.20      -0.03     Beat    85.3Jan. 1 0001   -0.27       -0.25      -0.06     Beat    76.2Jun.        -0.56       -0.48      -0.67     Missed  -38.930 2023                                                Jan. 1 0001   -0.36       -0.35      -0.41     Missed  -17.1Dec. 31 2022  -0.20       -0.28      -0.36     Missed  -28.1Sep. 30 2022  -0.19       -0.20      -0.88     Missed  -344.4This summary was machine generated November 6 at 04:34 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"preview","news_rank":0,"symbols":[],"gpt_button":1}}}