SelectQuote (NYSE:SLQT) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

SelectQuote (NYSE:SLQT - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01), Zacks reports. The company had revenue of $408.16 million during the quarter, compared to the consensus estimate of $412.83 million. SelectQuote had a negative return on equity of 4.38% and a negative net margin of 0.95%. SelectQuote updated its FY 2025 guidance to EPS.

SelectQuote Price Performance

SLQT traded down $0.01 on Thursday, hitting $2.32. 1,380,724 shares of the company's stock traded hands, compared to its average volume of 1,415,385. The firm has a market cap of $399.37 million, a price-to-earnings ratio of -25.78 and a beta of 1.26. The company's 50 day simple moving average is $3.21 and its 200-day simple moving average is $3.49. The company has a current ratio of 6.36, a quick ratio of 6.36 and a debt-to-equity ratio of 2.10. SelectQuote has a one year low of $1.62 and a one year high of $6.86.

Insiders Place Their Bets

In other SelectQuote news, insider Sarah Taylor Anderson sold 50,000 shares of the firm's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $5.44, for a total transaction of $272,000.00. Following the transaction, the insider now owns 1,166 shares of the company's stock, valued at approximately $6,343.04. This trade represents a 97.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 11.40% of the company's stock.

Analyst Ratings Changes

Separately, Noble Financial raised shares of SelectQuote to a "strong-buy" rating in a research note on Wednesday, February 12th.

SelectQuote Company Profile

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.