• Porch Group Inc PRCH.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of seven analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -38 cents to -17 cents per share.

• Revenue fell 14.2% to $111.20 million from a year ago; analysts expected $116.22 million.

• Porch Group Inc's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $14.38 million.

• Porch Group Inc shares had risen by 48.5% this quarter and lost 26.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 19.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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 average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Porch Group Inc is $4.00

This summary was machine generated from LSEG data November 8 at 05:18 a.m. UTC. ​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)