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Recap: ACV Auctions Q4 Earnings

Author: Benzinga Insights | February 21, 2024 05:15pm

ACV Auctions (NASDAQ:ACVA) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

ACV Auctions beat estimated earnings by 6.67%, reporting an EPS of $-0.14 versus an estimate of $-0.15.

Revenue was up $20.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 0.42% drop in the share price the next day.

Here's a look at ACV Auctions's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.15 -0.07 -0.16 -0.19
EPS Actual -0.11 -0.01 -0.11 -0.15
Revenue Estimate 118.24M 119.44M 108.93M 99.25M
Revenue Actual 119.01M 124.22M 119.63M 97.97M

To track all earnings releases for ACV Auctions visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ACVA

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