Trupanion Projected to Grow Q4 Revenue 11.5% to $375.9 Million
Trupanion will report Q4 earnings Thursday, with analysts projecting 11.5% revenue growth to $375.9 million after the company beat last quarter’s revenues of $366.9 million by 1.3%, up 12.1% year-on-year. The pet insurer has surpassed revenue estimates in every quarter for two years, averaging a 1.2% beat.
1. Earnings Preview and Estimates
Trupanion is set to release fourth-quarter results Thursday after the bell, with analysts forecasting revenue of $375.9 million, a year-on-year increase of 11.5%, compared to a 14% rise in the same quarter last year.
2. Last Quarter Performance
In the previous quarter, the company reported revenues of $366.9 million, marking a 12.1% year-over-year gain and outperforming analysts’ revenue forecasts by 1.3%, alongside beats in EPS and book value per share.
3. Consistent Estimate-Beating Track Record
Over the past two years, Trupanion has exceeded Wall Street revenue estimates in every quarter, with an average beat of 1.2%, underscoring the company’s ability to consistently outpace expectations.
4. Peer Comparisons and Analyst Targets
Peers in the property & casualty insurance segment saw Stewart Information Services report 19.6% revenue growth and Assurant post 7.9%, both topping estimates; Trupanion’s shares have underperformed peers by falling 7.9% over the last month, with an average analyst price target of $50.75.