Recap: Vroom Q2 Earnings - Benzinga

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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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