ACV Auctions Sees Q1 2024 Revenue $141M-$146M Vs $141.685M Est.
Portfolio Pulse from Benzinga Newsdesk
ACV Auctions projects its Q1 2024 revenue to be in the range of $141M to $146M, which is in line with the estimated $141.685M.
February 21, 2024 | 9:46 pm
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ACV Auctions expects Q1 2024 revenue to range from $141M to $146M, closely matching the analyst estimate of $141.685M.
The revenue forecast by ACV Auctions for Q1 2024 is very close to the analyst estimates, indicating that the company's performance is in line with market expectations. This alignment suggests a neutral impact on the stock price in the short term, as there are no significant positive or negative surprises.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100