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

SelectQuote (NYSE:SLQT) released its quarterly earnings data on Monday. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.08), RTT News reports. The business had revenue of $292.26 million during the quarter, compared to analyst estimates of $275.15 million. SelectQuote had a negative net margin of 2.58% and a negative return on equity of 10.37%. During the same period in the previous year, the firm posted ($0.19) EPS. SelectQuote updated its FY 2025 guidance to EPS.

SelectQuote Stock Performance

Shares of NYSE:SLQT traded up $0.08 during trading on Tuesday, hitting $2.11. 1,237,539 shares of the stock were exchanged, compared to its average volume of 1,022,125. The company’s fifty day simple moving average is $2.47 and its 200-day simple moving average is $2.82. The company has a debt-to-equity ratio of 2.01, a quick ratio of 6.84 and a current ratio of 6.84. The company has a market capitalization of $361.78 million, a price-to-earnings ratio of -10.29 and a beta of 1.06. SelectQuote has a 1-year low of $1.03 and a 1-year high of $4.46.

Analysts Set New Price Targets

SLQT has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $4.00 price objective on shares of SelectQuote in a report on Tuesday, October 29th. Craig Hallum assumed 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.

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.