SDA Earnings Prediction
The chart below shows how SDA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SDA sees a +6.78% change in stock price 10 days leading up to the earnings, and a +22.44% change 10 days following the report. On the earnings day itself, the stock moves by -8.35%. This data can give you a slight idea of what to expect for the next quarter's release.
SDA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
--
--
--
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
--
--
--
EPS
-0.67
-1575.00%
--
No Data Available
SDA Earnings Analysis
SunCar Technology Group Inc. Class A Ordinary Shares Corporation (SDA.O) Earnings Conference Call
Positive
Revenue Increase Overview: Total revenue for the first half of fiscal year 2024 reached $203 million, up 27% from $159 million in the first half of fiscal year 2023.
Auto Services Revenue Increase: The Auto Services segment reported revenue of $107 million in the first half of fiscal year 2024, an increase of 9% from $99 million in the first half of fiscal year 2023.
Auto E-Insurance Revenue Surge: The Auto E-Insurance segment reported revenue of $74 million in the first half of fiscal year 2024, a significant increase of 55% from $48 million in the first half of fiscal year 2023.
Technology Services Revenue Surge: The Technology Services segment generated revenues of $22 million in the first half of fiscal year 2024, representing a 70% increase compared to the prior year period.
Adjusted EBITDA Growth: Adjusted EBITDA increased by 4% to $6 million in the first half of fiscal year 2024 compared to $5.8 million in the prior year period.
Negative
Net Loss Comparison: The company recorded a net loss of $60 million in the first half of fiscal year 2024 compared to a net income of $1 million in the first half of fiscal year 2023.
Administrative Expenses Surge: Administrative expenses increased significantly by $37 million in the first half of 2024, corresponding to a more than 10 times increase year-on-year.
R&D Expense Surge: R&D expenses increased significantly by $28.2 million in the first half of 2024, corresponding to a 701% increase year-on-year.
Commission Rate Decline: The company experienced a 21% decline in the associated average commission rate due to normal fluctuations in regulatory guidelines.
Adjusted EBITDA Increase Analysis: The adjusted EBITDA for the first half of 2024 increased to $6 million, but this was primarily due to one-time equity incentive expenses of approximately $62.8 million.
SDA FAQs
How does SDA typically perform around its earnings report dates?
Is SunCar Technology Group Inc. (SDA) Q2 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SDA Earning Call Sentiment
SunCar Technology Group Inc. (SDA) Q2 2024 Earnings Call Transcript
1.0x
00:00
00:00
SDA.O
0.78%Positive
The earnings call summary indicates strong product development and strategic partnerships, boosting the company's market position. The market strategy is positive, focusing on international expansion. However, increased administrative and R&D expenses, largely due to one-time equity incentives, raise concerns about financial health. The Q&A section did not reveal significant negative sentiment, but the lack of a clear shareholder return plan and high expenses slightly temper the overall positive outlook. Considering the company's growth in revenue and strategic partnerships, a positive stock price movement is expected.