Recap: Porch Group Q1 Earnings

Porch Group PRCH reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:00 PM.

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

Porch Group missed estimated earnings by 11.43%, reporting an EPS of $-0.39 versus an estimate of $-0.35.

Revenue was up $24.81 million from the same period last year.

Last quarter the company missed on EPS by $0.04 which was followed by a 19.41% drop in the share price the next day.

Here's a look at Porch Group's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.28	-0.2	-0.24	-0.20
EPS Actual	-0.32	-0.3	-0.27	-0.06
Revenue Estimate	66.28M	81.74M	78.02M	59.43M
Revenue Actual	64.11M	75.37M	70.77M	62.56M

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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