PRCH Stock Recent News

Porch Group, Inc. beat consensus earnings estimates in Q3 2023 and is focused on improving profitability rather than volume growth. The global home insurance market is expected to reach $395 billion by 2027, driving growth opportunities for Porch Group. The company's recent financial trends show growth in total revenue and progress towards breakeven earnings per share in Q3 2023.

Porch Group, Inc. (PRCH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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Seattle-based vertical software company Porch Group announced Tuesday (Nov. 7) its financial results for the third quarter of 2023. The company reported total revenue of $129.6 million, representing a 67% increase compared to the same period last year.

Porch Group, Inc. (NASDAQ:PRCH ) Q3 2023 Results Conference Call November 7, 2023 5:00 PM ET Company Participants Lois Perkins - Head, IR Matt Ehrlichman - CEO, Chairman and Founder Shawn Tabak - CFO Matthew Neagle - COO Conference Call Participants Daniel Kurnos - Benchmark John Campbell - Stephens Jason Helfstein - Oppenheimer Josh Siegler - Cantor Fitzgerald Jason Kreyer - Craig-Hallum Capital Group Lois Perkins Good afternoon, everyone, and thank you for participating in Porch Group's Third Quarter 2023 Conference Call. Today, we issued our third quarter earnings release and related Form 8-K to the SEC.

SEATTLE, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announces it will report third quarter financial results ended September 30, 2023, after markets close on Tuesday, November 7, 2023. Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, November 7, 2023, at 5:00 p.m.

Porch Group, Inc. (NASDAQ:PRCH ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Lois Perkins - IR Matthew Ehrlichman - Founder, Chairman & CEO Shawn Tabak - CFO Matthew Neagle - COO Malcolm Conner - VP and GM, Home Services and Warranty Conference Call Participants Joshua Siegler - Cantor Fitzgerald Austin Hayes - Stephens Inc. Cal Bartyzal - Craig-Hallum Daniel Kurnos - The Benchmark Company Ryan Tomasello - KBW Jason Helfstein - Oppenheimer Lois Perkins Good afternoon, everyone, and thank you for participating in Porch Group's Second Quarter 2023 Conference Call. Today, we issued our second quarter earnings release and related Form 8-K to the SEC.

Porch Group, Inc. (PRCH) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $0.50. This compares to loss of $0.27 per share a year ago.

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