Shift Technologies SFT 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
Shift Technologies missed estimated earnings by 16.36%, reporting an EPS of $-0.64 versus an estimate of $-0.55.
Revenue was up $68.88 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 3.23% drop in the share price the next day.
Here's a look at Shift Technologies's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.7 | -0.61 | -0.52 | -0.44 |
| EPS Actual | -0.7 | -0.70 | -0.48 | -0.41 |
| Revenue Estimate | 209.25M | 185.86M | 165.38M | 125.60M |
| Revenue Actual | 219.58M | 196.22M | 179.80M | 154.85M |
To track all earnings releases for Shift Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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