SelectQuote (SLQT) to Release Quarterly Earnings on Thursday

SelectQuote (NYSE:SLQT) is scheduled to announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. SelectQuote has set its FY 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

SelectQuote (NYSE:SLQT) last released its quarterly earnings data on Wednesday, February 7th. The company reported $0.11 EPS for the quarter. The company had revenue of $405.44 million during the quarter. SelectQuote had a negative net margin of 4.33% and a negative return on equity of 11.44%. On average, analysts expect SelectQuote to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SelectQuote Trading Up 5.7 %

SLQT stock traded up $0.13 during midday trading on Tuesday, hitting $2.40. 291,156 shares of the company’s stock were exchanged, compared to its average volume of 723,995. The stock has a market capitalization of $405.58 million, a PE ratio of -7.87 and a beta of 0.80. The business has a 50-day simple moving average of $1.80 and a two-hundred day simple moving average of $1.49. SelectQuote has a 1-year low of $1.03 and a 1-year high of $2.47.

Analysts Set New Price Targets

Separately, Noble Financial assumed coverage on SelectQuote in a report on Thursday, February 29th. They set an “outperform” rating and a $5.00 price objective on the stock.

SelectQuote Company Profile

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.