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Investing.com - Porch Group reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Porch Group announced earnings per share of $-0.88 on revenue of $75.37M. Analysts polled by Investing.com EPS of $-0.19 on revenue of $82.06M.
Porch Group 's are down 48.09% and is trading at $1.44 , still down 94.76% from its 52 week high of $27.50 set on Tuesday, November 16, 2021.
Porch Group follows other major Consumer Discretionary sector earnings this month
Porch Group's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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