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.

Earnings

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.

Past Earnings Performance

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.

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