Vroom: Q1 Earnings Insights

Vroom VRM reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Earnings

Vroom beat estimated earnings by 3.57%, reporting an EPS of $-0.54 versus an estimate of $-0.56.

Revenue was down $727.31 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 3.77% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.69 -0.62 -0.75 -1.01
EPS Actual -0.61 -0.64 -0.73 -0.71
Revenue Estimate 268.22M 466.62M 545.95M 878.13M
Revenue Actual 209.35M 340.80M 475.44M 923.77M

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

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

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