SelectQuote Q2 EPS $0.11, Inline, Sales $405.44M Beat $376.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
SelectQuote (NYSE:SLQT) reported Q2 earnings of $0.11 per share, meeting analyst estimates, but marking a 21.43% decrease from the previous year. Quarterly sales were $405.44M, surpassing estimates by 7.71% and showing a 27.02% increase from the previous year.
February 07, 2024 | 12:33 pm
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SelectQuote reported Q2 earnings per share of $0.11, matching expectations but showing a decline from last year. Sales exceeded estimates, indicating growth.
While the EPS met analyst expectations, the significant increase in sales compared to both the estimates and the previous year's figures suggests a positive outlook for the company's revenue growth. This could lead to a positive short-term impact on SLQT's stock price, as investors may view the revenue growth as a sign of operational strength and market demand for SelectQuote's offerings.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100