ACV Auctions Inc. (ACVA) Q3 Earnings and Revenues Surpass Estimates
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ACV Auctions Inc. (ACVA) reported Q3 earnings of $0.04 per share, surpassing the Zacks Consensus Estimate of $0.02 per share, and improving from a loss of $0.02 per share a year ago.
November 08, 2024 | 1:15 am
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ACV Auctions Inc. reported better-than-expected Q3 earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.02 and showing significant improvement from a loss of $0.02 per share a year ago.
The earnings report shows a positive surprise and a significant improvement from the previous year's loss, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100