CarLotz: Q2 Earnings Insights

CarLotz LOTZ reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

CarLotz missed estimated earnings by 24.0%, reporting an EPS of $-0.31 versus an estimate of $-0.25.

Revenue was up $25.73 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 1.46% increase in the share price the next day.

Here's a look at CarLotz's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.19	-0.15	-0.20	-0.20
EPS Actual	-0.22	-0.12	-0.03	-0.06
Revenue Estimate	73.40M	72.95M	55.77M	44.92M
Revenue Actual	63.01M	83.11M	68.04M	50.77M

To track all earnings releases for CarLotz visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.