IAA: Q1 Earnings Insights

IAA IAA reported its Q1 earnings results on Tuesday, May 10, 2022 at 06:45 AM.

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

IAA beat estimated earnings by 13.79%, reporting an EPS of $0.66 versus an estimate of $0.58.

Revenue was up $134.10 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 22.15% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.62	0.55	0.53	0.47
EPS Actual	0.61	0.52	0.69	0.58
Revenue Estimate	500.71M	413.99M	411.46M	394.11M
Revenue Actual	548.10M	420.70M	445.10M	423.50M

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

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