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Blucora (NASDAQ:BCOR) reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Blucora missed estimated earnings by 4.81%, reporting an EPS of $0.99 versus an estimate of $1.04.
Revenue was up $2.57 million from the same period last year.
Last quarter the company missed on EPS by $0.21 which was followed by a 3.06% increase in the share price the next day.
Here's a look at Blucora's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.27 | -0.45 | -0.37 | 1.14 |
| EPS Actual | 1.06 | -0.29 | -0.26 | 1.28 |
| Revenue Estimate | 325.09M | 166.23M | 165.88M | 252.00M |
| Revenue Actual | 307.55M | 178.33M | 174.17M | 254.31M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Blucora management provided guidance for FY 2022, expecting earnings between $1.71 and $1.9 per share.
To track all earnings releases for Blucora visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: BCOR