Porch Group's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Porch Group (NASDAQ:PRCH) is set to release its latest quarterly earnings report on November 7, 2023. Analysts estimate an earnings per share (EPS) of $-0.25. The company's past performance shows a trend of missing EPS estimates, which has often led to a drop in share price. The stock is currently trading at $0.6789, down 53.89% over the last 52-week period.
November 06, 2023 | 8:01 pm
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Porch Group's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has often resulted in a drop in share price. The stock is currently down 53.89% over the last 52 weeks.
Porch Group's stock price has historically been negatively impacted by missing EPS estimates. Given the company's past performance and the current bearish sentiment among long-term shareholders, it is likely that the upcoming earnings report could lead to a further decrease in the stock price, especially if the company misses the EPS estimate again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100