Blucora: Q2 Earnings Insights

Blucora BCOR reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

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

Blucora missed estimated earnings by 4.81%, reporting an EPS of $0.99 versus an estimate of $1.04.

Revenue was up $2.57 million from the same period last year.

Last quarter the company missed on EPS by $0.21 which was followed by a 3.06% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.27	-0.45	-0.37	1.14
EPS Actual	1.06	-0.29	-0.26	1.28
Revenue Estimate	325.09M	166.23M	165.88M	252.00M
Revenue Actual	307.55M	178.33M	174.17M	254.31M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Blucora management provided guidance for FY 2022, expecting earnings between $1.71 and $1.9 per share.

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

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