ACV Announces First Quarter 2022 Results
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ACV Auctions Inc (ACVA) PT Lowered to $22 at Jefferies
May 12, 2022 8:56 AM EDTJefferies analyst John Colantuoni lowered the price target on ACV Auctions Inc (NASDAQ: ACVA) to $22.00 (from $28.00) while maintaining a Buy rating.
The analyst commented, "In-line Q1 and reiterated FY guidance was likely better than feared given macro headwinds. Unit growth outperformed the... More
ACV (ACVA) Misses Q1 EPS by 3c, Offers Guidance
May 11, 2022 4:03 PM EDTACV (NASDAQ: ACVA) reported Q1 EPS of ($0.19), $0.03 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $103.1 million versus the consensus estimate of $101.56 million.
GUIDANCE:
ACV sees FY2022 revenue of $452-460 million, versus the consensus of $459... More
