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

EverQuote

07/05/2024 04:24

* EverQuote Inc  EVER.OQ  reported quarterly adjusted
earnings of
5 cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of -8
cents.  The mean expectation of eight analysts for the quarter
was for a loss of 7 cents per share. Wall Street expected
results to range from -10 cents to -4 cents per share.
    * Revenue fell 16.6% to $91.07 million from a year ago;
analysts
expected $80.31 million. 
    * EverQuote Inc's reported EPS for the quarter was 5 cents​.
    * The company reported quarterly net income of $1.91
million.
    * EverQuote Inc shares had risen by 17.2% this quarter and
gained 77.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 69.7%
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 7 "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
$25.00 
This summary was machine generated from LSEG data May 7 at 03:23
a.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
 Mar. 31 2024      -0.07          0.05           Beat
 Dec. 31 2023      -0.32          -0.19          Beat
 Sep. 30 2023      -0.79          -0.87          Missed
 Jun. 30 2023      -0.32          -0.28          Beat