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SEATTLE--(BUSINESS WIRE)--Porch Group Announces Attendance At Upcoming Investor Events.
Porch Group, Inc. (PRCH) Q4 2024 Earnings Call Transcript
Porch Group, Inc. (PRCH) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.06 per share a year ago.
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (Nasdaq: PRCH), a homeowners insurance and vertical software platform, today announced it will report financial results for the fourth quarter ended December 31, 2024, after markets close on Tuesday, February 25, 2025. Q4'24 Earnings Conference Call Porch management will host a live webinar to discuss the financial results and business followed by Q&A on Tuesday, February 25, 2025, at 5:00 p.m. Eastern (2:.
SEATTLE--(BUSINESS WIRE)--Porch Group Completes Formation of Porch Insurance Reciprocal Exchange and Corresponding Sale of Homeowners of America Insurance Company.
Porch Group, Inc. (NASDAQ:PRCH ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Lois Perkins - IR Matt Ehrlichman - CEO, Chairman and Founder Shawn Tabak - CFO Matthew Neagle - COO Michelle Taves - GM Porch Group Media, Data and Marketing Conference Call Participants Daniel Kurnos - The Benchmark Company Jonathan Bass - Stephens Steven Hromin - Oppenheimer Ryan Tomasello - KBW Jason Kreyer - Craig-Hallum Capital Group Lois Perkins Good afternoon, everyone, and thank you for participating in Porch Group's Second Quarter 2024 Conference Call. Today, we issued our earnings release and filed our related Form 8-K with the SEC.
Porch Group, Inc. (PRCH) came out with a quarterly loss of $0.65 per share versus the Zacks Consensus Estimate of a loss of $0.58. This compares to loss of $0.73 per share a year ago.
Porch Group (PRCH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Investors looking to maximize their returns tend to look for stocks trading at very low prices. Think penny or small-cap tech stocks.
PRCH stock has seen strong price appreciation, up over 62% since initial coverage, but YTD performance has been underwhelming. The insurance segment is PRCH's largest and fastest-growing business, and improvements in this segment could positively affect share performance. PRCH's Q1 results showed positive trends in insurance metrics, and the company's data advantages could unlock more upside in the insurance business.