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Stock impact report

ACV Auctions Inc. (NASDAQ:ACVA) Just Released Its Annual Earnings: Here's What Analysts Think [Yahoo! Finance]

ACV Auctions Inc. - Class A (ACVA) 
Company Research Source: Yahoo! Finance
The results overall were pretty much dead in line with analyst forecasts; revenues were US$481m and statutory losses were US$0.47 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on ACV Auctions after the latest results. View our latest analysis for ACV Auctions Taking into account the latest results, the current consensus from ACV Auctions' twelve analysts is for revenues of US$613.8m in 2024. This would reflect a substantial 28% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 29% to US$0.33. Before this earnings announcement, the analysts had been modelling revenues of US$584.3m and losses of US$0.28 p Show less Read more
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