Published on 28 Feb 2024 on Zacks via Yahoo Finance
EverQuote (EVER) Q4 Earnings & Revenues Surpass Estimates
EverQuote, Inc. EVER incurred a loss of 19 cents per share in fourth-quarter 2023, narrower than the Zacks Consensus Estimate of a loss of 31 cents as well as the year-ago quarter’s loss of 20 cents per share.Total revenues of $55.7 million beat the Zacks Consensus Estimate by 11.7%. The top line declined 37% year over year, primarily attributable to weak performance in both Automotive and Other insurance verticals.Given the prolonged auto insurance downturn, the Automotive insurance vertical’s revenues witnessed a year-over-year decline. However, a streamlined cost structure provided respite.
EverQuote, Inc. Price, Consensus and EPS Surprise
EverQuote, Inc. price-consensus-eps-surprise-chart | EverQuote, Inc. Quote