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Vroom VRM reported its Q2 earnings results on Monday, August 8, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Vroom beat estimated earnings by 2.67%, reporting an EPS of $-0.73 versus an estimate of $-0.75.
Revenue was down $286.45 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.3 which was followed by a 32.41% increase in the share price the next day.
Here’s a look at Vroom’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -1.01 | -0.77 | -0.73 | -0.48 |
| EPS Actual | -0.71 | -0.94 | -0.70 | -0.48 |
| Revenue Estimate | 878.13M | 901.91M | 888.00M | 637.99M |
| Revenue Actual | 923.77M | 934.49M | 896.76M | 761.89M |
To track all earnings releases for Vroom visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.