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Benzinga Insights

Recap: Porch Group Q1 Earnings

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.

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