EverQuote Expects Q3 Revenue Of $51M-$56M, Consensus $75.81M
Portfolio Pulse from Benzinga Newsdesk
EverQuote has projected its Q3 revenue to be between $51M and $56M, which is significantly lower than the consensus estimate of $75.81M.
August 07, 2023 | 9:13 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
EverQuote's lower than expected Q3 revenue projection could negatively impact its stock price in the short term.
EverQuote's projected Q3 revenue is significantly lower than the consensus estimate. This could lead to a negative market reaction, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100