SelectQuote Q1 2023 Gaap EPS $(0.19) Beats $(0.27) Estimate, Sales $232.73M Beat $203.50M Estimate
Portfolio Pulse from saritha@benzinga.com
SelectQuote reported Q1 2023 GAAP EPS of $(0.19), beating the estimate of $(0.27) by 29.63%. The company also reported quarterly sales of $232.73M, surpassing the estimate of $203.50M by 14.36%. Both figures represent significant increases from the same period last year.
November 02, 2023 | 8:24 pm
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POSITIVE IMPACT
SelectQuote's Q1 2023 results exceeded estimates, with a smaller loss per share and higher sales than expected. This could positively impact the company's stock in the short term.
SelectQuote's better-than-expected Q1 2023 results indicate strong performance, which is typically well-received by investors and can lead to a rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100