Arco Platform: Q2 Earnings Insights

Arco Platform ARCE reported its Q2 earnings results on Thursday, August 18, 2022 at 04:00 PM.

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

Arco Platform missed estimated earnings by 166.67%, reporting an EPS of $-0.08 versus an estimate of $-0.03.

Revenue was up $35.66 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 11.45% increase in the share price the next day.

Here's a look at Arco Platform's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.13	0.31		0.46
EPS Actual	0.11	0.28	-0.04	0.12
Revenue Estimate	86.46M	84.83M	33.93M	48.38M
Revenue Actual	82.20M	82.58M	35.08M	48.34M

To track all earnings releases for Arco Platform visit their earnings calendar here.

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