Trupanion (TRUP) Set to Announce Earnings on Thursday

Trupanion (NASDAQ:TRUP - Get Free Report) is set to release its earnings data after the market closes on Thursday, May 2nd. Analysts expect Trupanion to post earnings of ($0.18) per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Trupanion (NASDAQ:TRUP - Get Free Report) last posted its quarterly earnings results on Thursday, February 15th. The financial services provider reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.13. Trupanion had a negative net margin of 4.03% and a negative return on equity of 15.19%. The business had revenue of $295.50 million during the quarter, compared to the consensus estimate of $289.84 million. During the same period in the previous year, the firm posted ($0.23) earnings per share. The firm's revenue for the quarter was up 20.1% on a year-over-year basis. On average, analysts expect Trupanion to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Trupanion Trading Down 2.5 %

TRUP stock traded down $0.60 during midday trading on Thursday, hitting $23.31. The company had a trading volume of 313,963 shares, compared to its average volume of 672,085. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.42. Trupanion has a 52 week low of $18.45 and a 52 week high of $37.71. The stock has a market cap of $974.59 million, a price-to-earnings ratio of -22.14 and a beta of 1.71. The stock's 50 day moving average price is $25.91 and its 200 day moving average price is $26.88.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Stifel Nicolaus upped their target price on shares of Trupanion from $25.00 to $28.00 and gave the stock a "hold" rating in a research note on Friday, February 16th. Evercore ISI reduced their price objective on Trupanion from $35.00 to $31.00 and set an "outperform" rating for the company in a report on Tuesday, February 20th. Finally, Piper Sandler decreased their target price on shares of Trupanion from $32.00 to $28.00 and set a "neutral" rating for the company in a research note on Friday, April 5th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $33.20.

About Trupanion

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.