Earnings
Porch Previews 2027 Target Of More Than $180 Million In Adjusted EBITDA, Counting Allied Trust
CEO Matt Ehrlichman gave an early baseline on the call, with formal 2027 guidance not due until next quarter.
PRCH
Porch Group (PRCH) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Porch Says Softer Insurance Pricing Barely Dents New-Customer Premiums, Down Just 2%
Management said it can manage growth and margins through a softening market, with premium per new customer down 2% and policies up 42%.
SEC Filings
Porch Group May Pay Up To $50 Million Of Allied Trust Price In Shares Its Exchange Holds
The $105.0 million Allied Trust purchase could be partly paid in Porch stock that has no vote today but regains one once the seller owns it.
Deals
Porch Lifts 2026 Profit Outlook To $135 Million-$140 Million As Insurance Services Revenue Climbs 39%
The homeowners insurer raised its full-year Adjusted EBITDA forecast and agreed to buy Allied Trust, with closing targeted for the first quarter of 2027.
Deals
Porch Group Agrees To Buy Allied Trust For $200 Million, Gaining A Louisiana Foothold
The $200.0 million deal, subject to adjustment, needs Texas insurance regulator approval and cannot close before January 1, 2027.