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 anticipated EPS of $-0.19 on revenue of $82.06M.
Porch Group shares are down 48.09% from the beginning of the year and are trading at $1.44 , down-from-52-week-high.
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, compared to forecasts 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, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar