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. ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style ...

A month has gone by since the last earnings report for EverQuote (EVER) . Shares have lost about 16.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is EverQuote due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. EverQuote Q2 Earnings Top on Solid Automotive Revenues ...