Vroom (NASDAQ:VRM) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Vroom beat estimated earnings by 3.57%, reporting an EPS of $-0.54 versus an estimate of $-0.56.
Revenue was down $727.31 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 3.77% drop in the share price the next day.
Here’s a look at Vroom’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.69 | -0.62 | -0.75 | -1.01 |
| EPS Actual | -0.61 | -0.64 | -0.73 | -0.71 |
| Revenue Estimate | 268.22M | 466.62M | 545.95M | 878.13M |
| Revenue Actual | 209.35M | 340.80M | 475.44M | 923.77M |
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.
