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ACV Auctions (ACVA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ACVAACV Auctions(ACVA) Zacks Investment Research·2024-05-08 23:31

For the quarter ended March 2024, ACV Auctions Inc. (ACVA) reported revenue of 145.69million,up21.8145.69 million, up 21.8% over the same period last year. EPS came in at 0.00, compared to -0.03intheyearagoquarter.Thereportedrevenuerepresentsasurpriseof+1.080.03 in the year-ago quarter.The reported revenue represents a surprise of +1.08% over the Zacks Consensus Estimate of 144.14 million. With the consensus EPS estimate being $0.01, the EPS surprise was -100.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...