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

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

SelectQuote Price Performance

NYSE:SLQT traded up $0.17 during trading hours on Wednesday, hitting $2.35. The company’s stock had a trading volume of 2,461,860 shares, compared to its average volume of 1,031,589. 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 $402.09 million, a PE ratio of -8.38 and a beta of 1.06. SelectQuote has a 52-week low of $1.03 and a 52-week high of $4.46. The business’s 50-day moving average is $2.43 and its two-hundred day moving average is $2.82.

Analyst Upgrades and Downgrades

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

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.