Acv Auctions Inc. logo

ACVA

Acv Auctions Inc.

$19.05

Earnings Summary

Revenue
$160.62Mn
Net Profits
$-17.06Mn
Net Profit Margins
-10.62%

Highlights

Revenue:

Acv Auctions Inc.’s revenue jumped 29.31% since last year same period to $160.62Mn in the Q2 2024. On a quarterly growth basis, Acv Auctions Inc. has generated 10.25% jump in its revenue since last 3-months.

Net Profits:

Acv Auctions Inc.’s net profit fell -9.5% since last year same period to $-17.06Mn in the Q2 2024. On a quarterly growth basis, Acv Auctions Inc. has generated 16.65% jump in its net profits since last 3-months.

Net Profit Margins:

Acv Auctions Inc.’s net profit margin jumped 15.32% since last year same period to -10.62% in the Q2 2024. On a quarterly growth basis, Acv Auctions Inc. has generated 24.4% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Acv Auctions Inc. post its latest quarter earnings

EPS Estimate Current Quarter
-0.11
EPS Estimate Current Year
-0.11

Highlights

EPS Estimate Current Quarter:

Acv Auctions Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.11 - a -22.22% fall from last quarter’s estimates.

EPS Estimate Current Year:

Acv Auctions Inc.’s earning per share (EPS) estimates for the current year stand at -0.11.

Key Ratios

Key ratios of the Acv Auctions Inc. post its Q2 2024 earnings

Earning Per Share (EPS)
-0.1
Return on Assets (ROA)
-0.05
Return on Equity (ROE)
-0.17

Highlights

Earning Per Share (EPS):

Acv Auctions Inc.’s earning per share (EPS) jumped 0% since last year same period to -0.1 in the Q2 2024. This indicates that the Acv Auctions Inc. has generated 0% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Acv Auctions Inc.’s return on assets (ROA) stands at -0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Acv Auctions Inc.’s return on equity (ROE) stands at -0.17.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-08-07
-0.11
-0.1
9.09%
2024-05-08
-0.09
-0.12
-33.33%