Goosehead Insurance coverage GSHD is ready to provide its newest quarterly earnings report on Wednesday, 2023-04-26. This is what traders must know earlier than the announcement.
Analysts estimate that Goosehead Insurance coverage will report an earnings per share (EPS) of $0.04.
Goosehead Insurance coverage bulls will hope to listen to the corporate announce they’ve not solely overwhelmed that estimate, but in addition to supply optimistic steerage, or forecasted development, for the subsequent quarter.
New traders ought to notice that it’s generally not an earnings beat or miss that almost all impacts the value of a inventory, however the steerage (or forecast).
Historic Earnings Efficiency
Final quarter the corporate missed EPS by $0.01, which was adopted by a 16.0% improve within the share worth the subsequent day.
This is a have a look at Goosehead Insurance coverage’s previous efficiency and the ensuing worth change:
| Quarter | This autumn 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.19 | 0.17 | 0.02 |
| EPS Precise | 0.11 | 0.24 | 0.16 | 0.04 |
| Value Change % | 16.0% | 13.84% | 13.01% | 5.24% |
| Quarter | This autumn 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.19 | 0.17 | 0.02 |
| EPS Precise | 0.11 | 0.24 | 0.16 | 0.04 |
| Value Change % | 16.0% | 13.84% | 13.01% | 5.24% |
Inventory Efficiency
Shares of Goosehead Insurance coverage had been buying and selling at $55.43 as of April 24. During the last 52-week interval, shares are up 0.32%. Provided that these returns are usually optimistic, long-term shareholders ought to be glad going into this earnings launch.
To trace all earnings releases for Goosehead Insurance coverage go to their earnings calendar on our web site.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
