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

Selectquote

07/02/2024 14:36

* SelectQuote Inc  SLQT.N  reported quarterly adjusted
earnings of
11 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 14 cents.  The lone analyst forecast for the quarter was
for earnings of 11 cents per share. 
    * Revenue rose 27% to $405.44 million from a year ago;
analysts
expected $376.40 million. 
    * SelectQuote Inc's reported EPS for the quarter was 11
cents​.
    * The company reported quarterly net income of $19.39
million.
    * SelectQuote Inc shares had fallen by 19.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 no "strong buy" or "buy," 1
"hold" and no "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 SelectQuote Inc
is $3.00 
This summary was machine generated from LSEG data February 7 at
02:35 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      0.11           0.11           Met
 Sep. 30 2023      -0.27          -0.19          Beat
 Jun. 30 2023      -0.29          -0.29          Met
 Mar. 31 2023      -0.13          0.06           Beat