Goosehead Insurance Inc reports results for the quarter ended in September 30 - Earnings Summary

Goosehead Insurance

24/10/2024 04:23

* Goosehead Insurance Inc  GSHD.OQ  reported quarterly
adjusted
earnings of 50 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 46 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 45 cents per
share. Wall Street expected results to range from 42 cents to 50
cents per share.
    * Revenue rose 9.9% to $78.04 million from a year ago;
analysts
expected $80.65 million. 
    * Goosehead Insurance Inc's reported EPS for the quarter was
29
cents​.
    * The company reported quarterly net income of $7.56
million.
    * Goosehead Insurance Inc shares had risen by 7.0% this
quarter and gained 26.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
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 "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the multiline
insurance
& brokers peer group is also "hold"

Wall Street's median 12-month price target for Goosehead
Insurance Inc is $95.00 
This summary was machine generated from LSEG data October 24 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
 Sep. 30 2024      0.45           0.50           Beat
 Jun. 30 2024      0.39           0.43           Beat
 Mar. 31 2024      0.21           0.28           Beat
 Dec. 31 2023      0.33           0.28           Missed