SelectQuote shares are trading lower after the company reported worse-than-expected Q4 financial results and issued FY25 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
SelectQuote shares declined following the release of disappointing Q4 financial results and FY25 revenue guidance that fell short of expectations.
September 13, 2024 | 11:50 am
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NEGATIVE IMPACT
SelectQuote's stock is trading lower due to worse-than-expected Q4 financial results and FY25 revenue guidance that missed estimates.
The company's Q4 financial results were below expectations, which typically leads to a negative market reaction. Additionally, the FY25 revenue guidance being below estimates suggests potential future challenges, further contributing to the stock's decline.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100