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

Goosehead Insurance

23/02/2024 03:00

* Goosehead Insurance Inc  GSHD.OQ  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 11 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 33 cents per
share. Wall Street expected results to range from 26 cents to 36
cents per share.
    * Revenue rose 9.8% to $63.01 million from a year ago;
analysts
expected $68.27 million. 
    * Goosehead Insurance Inc's reported EPS for the quarter was
15
cents​.
    * The company reported quarterly net income of $3.62
million.
    * Goosehead Insurance Inc shares had risen by 15.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4% 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," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the multiline
insurance
& brokers peer group is also "buy"

Wall Street's median 12-month price target for Goosehead
Insurance Inc is $93.00 
This summary was machine generated from LSEG data February 23 at
03:00 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
 Dec. 31 2023      0.33           0.28           Missed
 Sep. 30 2023      0.31           0.46           Beat
 Jun. 30 2023      0.28           0.41           Beat
 Mar. 31 2023      0.04           0.17           Beat