Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
SelectQuote (SLQT)
NYSE:SLQT
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.02Last Year’s EPS
0.05Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 10, 2025
|% Change Since: 25.34%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance overall, with significant revenue and EBITDA growth, successful Medicare Advantage and SelectRx results, and strategic capital structure improvements. The raised guidance indicates confidence in continued robust performance. However, challenges from increased Medicare Advantage plan terminations and anticipated moderation in SelectRx growth present areas of concern.Company Guidance
During SelectQuote's fiscal second quarter 2025 earnings call, the company raised its guidance for the year, highlighting impressive performance metrics across its segments. SelectQuote reported a 19% year-over-year revenue growth, reaching $481 million, with Medicare Advantage policy volume increasing by 6% despite a 22% reduction in agent headcount. This efficiency led to a 39% adjusted EBITDA margin in the senior segment, up from 32% the previous year. The company's revenue to customer acquisition cost (CAC) ratio improved to 5.3x, underscoring scale advantages. Additionally, SelectRx membership grew by 54%, contributing to a 64% revenue increase in the health care services segment. The guidance for fiscal 2025 was raised, with expected revenue between $1.5 billion to $1.575 billion and adjusted EBITDA between $115 million to $140 million, reflecting the strong operational performance and strategic capital structure enhancements, including a $350 million preferred equity offering.Revenue and EBITDA Growth
SelectQuote reported a 19% increase in revenue, reaching $481 million, and a 30% increase in adjusted EBITDA, totaling $88 million compared to the previous year.
Medicare Advantage Performance
The Senior division delivered robust results with Medicare Advantage policy volume growing by 6%, impressive agent productivity, and a 39% adjusted EBITDA margin, up from 32% the previous year.
SelectRx Membership Expansion
SelectRx membership grew by 54% year-over-year, with revenues reaching $183 million, representing a 64% increase. The segment concluded with an annual run rate exceeding $700 million.
Capital Structure Improvement
SelectQuote secured a $350 million preferred equity offering led by Bain Capital and others, to improve capital structure. This move is expected to decrease ongoing capital costs by over 150 basis points and reduce annual cash interest obligations by approximately $30 million.
Guidance Increase
The company raised its fiscal 2025 guidance ranges for revenue, adjusted EBITDA, and net income, expecting revenue between $1.5 billion and $1.575 billion, and adjusted EBITDA between $115 million and $140 million.
---
SLQT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SLQT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 10, 2025 | $4.38 | $5.73 | +30.82% |
| Nov 04, 2024 | $2.04 | $2.03 | -0.49% |
| Sep 13, 2024 | $3.59 | $2.02 | -43.73% |
| May 09, 2024 | $2.50 | $2.59 | +3.60% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does SelectQuote (SLQT) report earnings?
SelectQuote (SLQT) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is SelectQuote (SLQT) earnings time?
SelectQuote (SLQT) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SLQT EPS forecast?
SLQT EPS forecast for the fiscal quarter 2025 (Q3) is 0.02.
---