Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-38549 EverQuote, Inc. (Exact name of registrant as specified in its charter) Delaware 26-3101161 (State ...

Company Overview - The company is a leading online insurance marketplace, particularly in Property and Casualty (P&C) insurance[5] - The company leverages a proprietary platform with over 3 billion consumer data points[6, 13] - The company has a diversified distribution model with approximately 75 carriers and 6,000 third-party agents[6] Market Opportunity - The U S insurance distribution and advertising spend is a $171 billion market[9] - The P&C distribution and advertising spend market is $100 billion[5, 10] - The company's estimated share of the P&C distribution and advertising spend market is less than 1%[10, 11] - The company's estimated share of the P&C digital advertising spend market is less than 5%[10] - The P&C digital advertising spend is expected to grow at approximately 10% annually from 2023 to 2025[10, 11] Financial Performance - The company's Q3 2024 revenue reached a record of $144 5 million[17] - Auto revenue in Q3 2024 increased by 202% year-over-year[17] - Home/Renters revenue in Q3 2024 increased by 30% year-over-year[17] - The company's total annual revenue in 2023 was $287 9 million[11, 17]

EverQuote (EVER) reported $144.53 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 162.7%. EPS of $0.31 for the same period compares to -$0.40 a year ago.The reported revenue represents a surprise of +2.94% over the Zacks Consensus Estimate of $140.4 million. With the consensus EPS estimate being $0.19, the EPS surprise was +63.16%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Core Insights - EverQuote (EVER) reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, and a significant improvement from a loss of $0.40 per share a year ago, representing an earnings surprise of 63.16% [1] - The company achieved revenues of $144.53 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.94% and showing a substantial increase from $55.01 million in the same quarter last year [2] - EverQuote has consistently outperformed consensus EPS and revenue estimates over the last four quarters, indicating strong operational performance [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $124.89 million, while for the current fiscal year, the estimate is $0.57 on revenues of $473.5 million [7] - The trend of estimate revisions for EverQuote is favorable, contributing to a Zacks Rank 1 (Strong Buy) for the stock, suggesting expected outperformance in the near future [6] Industry Context - The Insurance - Multi line industry, to which EverQuote belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Company Overview - EverQuote is an online insurance marketplace founded in 2011 and headquartered in Cambridge, MA, incorporated in Delaware in 2008 [10] - The company operates an online marketplace for consumers shopping for auto, home, renters, and life insurance, with two main verticals: Auto and Home and Renters [10] Investment Ratings - EverQuote holds a 1 (Strong Buy) rating on the Zacks Rank, indicating strong potential for investment [10] - The company has a VGM Score of B, suggesting a favorable combination of value, growth, and momentum [10] Growth Potential - EverQuote is identified as a top pick for growth investors, with a Growth Style Score of A [11] - The company is forecasted to achieve year-over-year earnings growth of 137% for the current fiscal year [11] - An analyst has revised their earnings estimate upwards for fiscal 2024, with the Zacks Consensus Estimate increasing to $0.57 per share [11] - EverQuote boasts an average earnings surprise of 144.9%, indicating strong performance relative to expectations [11] Summary of Investment Strategy - The combination of a solid Zacks Rank and top-tier Growth and VGM Style Scores positions EverQuote as a strong candidate for investors [11]

Company Overview - EverQuote (EVER) is expected to report a year-over-year increase in earnings, with a consensus estimate of $0.19 per share, reflecting a change of +147.5% [3] - Revenues are anticipated to reach $140.4 million, which is an increase of 155.2% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for November 4, 2024, and the stock may rise if actual results exceed expectations [2] - Conversely, if results fall short, the stock may decline [2] Estimate Revisions - The consensus EPS estimate has been revised 2.27% higher in the last 30 days, indicating a reassessment by analysts [4] - However, the Most Accurate Estimate for EverQuote is lower than the consensus, resulting in an Earnings ESP of -48.28%, suggesting a bearish outlook [10] Historical Performance - EverQuote has a history of beating consensus EPS estimates, having done so in the last four quarters [12] - In the last reported quarter, the company surprised analysts by posting earnings of $0.17 per share against an expectation of $0.04, resulting in a surprise of +325% [11] Industry Context - Prudential (PRU), a peer in the Zacks Insurance - Multi line industry, is expected to report earnings of $3.47 per share, reflecting a year-over-year change of +0.9% [16] - Prudential's revenues are projected to be $14.57 billion, up 43.9% from the previous year [16]

EverQuote (EVER) has been beaten down lately with too much selling pressure. While the stock has lost 13.7% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that ...

CAMBRIDGE, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, today announced that it will report third quarter 2024 financial results after the market close on Monday, November 4, 2024. Management will host a conference call and webcast to discuss the Company's financial results, recent developments, and business outlook at 4:30 p.m. ET. Time: 4:30 p.m. ET Live Call: US Toll Free: (800) 715-9871 All Other: +1 (646) 307-1963 Conference ID: 421070 ...

EverQuote, Inc. (EVER) shares have rallied 72.3% year to date compared with the industry's growth of 19.2%. The Finance sector and the Zacks S&P 500 composite have returned 15.5% and 20.6%, respectively, in the same time frame. With a market capitalization of $739.92 million, the average volume of shares traded in the last three months was 0.5 million. EVER Outperforms Industry, Sector & S&P Zacks Investment Research Image Source: Zacks Investment Research This multi-line insurer, sporting a Zacks Rank #1 ( ...

Amid all-time market highs, investors who are looking to beat the markets going forward have to deploy careful stock-picking, often in small-cap stocks that have low correlation to the broader markets. With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. ...