SelectQuote (NYSE:SLQT) Announces Quarterly Earnings Results, Misses Expectations By $0.08 EPS

SelectQuote (NYSE:SLQT) announced its quarterly earnings results on Monday. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.08), RTT News reports. SelectQuote had a negative return on equity of 15.00% and a negative net margin of 3.45%. The company had revenue of $292.26 million for the quarter, compared to analyst estimates of $275.15 million. During the same quarter in the prior year, the business earned ($0.19) earnings per share. SelectQuote updated its FY 2025 guidance to EPS.

SelectQuote Trading Up 7.6 %

Shares of SelectQuote stock opened at $2.19 on Wednesday. SelectQuote has a 1 year low of $1.03 and a 1 year high of $4.46. The company has a debt-to-equity ratio of 2.36, a quick ratio of 6.84 and a current ratio of 6.66. The company has a market capitalization of $374.64 million, a P/E ratio of -7.80 and a beta of 1.06. The company’s fifty day moving average is $2.43 and its two-hundred day moving average is $2.82.

Analyst Upgrades and Downgrades

SLQT has been the topic of several research analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $4.00 price target on shares of SelectQuote in a research note on Tuesday, October 29th. Craig Hallum initiated coverage on shares of SelectQuote in a research note on Monday, September 30th. They set a “buy” rating and a $4.50 price target on the stock.

About SelectQuote

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.