EverQuote Inc reports results for the quarter ended in December - Earnings Summary

EverQuote

26/02/2024 22:39

* EverQuote Inc  EVER.OQ  reported a quarterly adjusted loss
of 19
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -26
cents.  The mean expectation of eight analysts for the quarter
was for a loss of 32 cents per share. Wall Street expected
results to range from -35 cents to -29 cents per share.
    * Revenue fell 36.9% to $55.71 million from a year ago;
analysts
expected $49.81 million. 
    * EverQuote Inc's reported EPS for the quarter was a loss
of 19
cents​.
    * The company reported a quarterly loss of $6.35 million.
    * EverQuote Inc shares had risen by 36.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for EverQuote Inc is
$15.50 
This summary was machine generated from LSEG data February 26 at
10:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.32          -0.19          Beat
 Sep. 30 2023      -0.79          -0.87          Missed
 Jun. 30 2023      -0.32          -0.28          Beat
 Mar. 31 2023      -0.18          -0.08          Beat