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SelectQuote Inc (SLQT)
:SLQT
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Earnings Data
Report Date
Feb 10, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.1Last Year’s EPS
0.11Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 05, 2020
|% Change Since: 107.84%
|Next Earnings Date:Sep 09, 2020
Earnings Call Sentiment|Positive
SelectQuote had a strong start to the fiscal year with significant revenue growth, improved EBITDA, and successful Medicare Advantage enrollment performance. However, they faced challenges with agent hiring due to capital constraints and expected seasonal profitability fluctuations in the Healthcare Services segment.Company Guidance
During the SelectQuote Q1 2025 earnings call, the company provided a strong outlook for the fiscal year, citing an increase in fiscal 2025 revenue expectations to a range of $1.425 billion to $1.525 billion, up from the previous range of $1.4 billion to $1.5 billion. Adjusted EBITDA guidance was also raised to between $100 million and $130 million, reflecting an increase at the midpoint by $10 million. SelectQuote reported a 26% year-over-year revenue growth and an improvement in adjusted EBITDA by nearly $10 million. The revenue to customer acquisition cost (CAC) ratio ended the quarter at 4.6x, highlighting marketing efficiency. Additionally, the company secured $100 million in proceeds from a Medicare Advantage commission receivable securitization, reducing their cost of capital by over 500 basis points compared to their term debt rate. The company also emphasized their strategic focus on driving cash flow, maintaining a high level of agent productivity, and leveraging AI tools to enhance operational efficiency during the ongoing Medicare Advantage annual enrollment period (AEP).Revenue Growth and Financial Performance
SelectQuote reported a year-over-year revenue growth of 26% to $292 million. Consolidated EBITDA improved by nearly $10 million, driven by strong performance in the Healthcare Services segment.
Medicare Advantage Season Success
SelectQuote is ahead of original expectations for the Medicare Advantage enrollment period, with high consumer engagement and strong agent productivity.
Healthcare Services Membership Growth
SelectRx membership increased by 64% year-over-year, reaching over 86,000 members, contributing to the sixth consecutive quarter of profitability.
Improved Capital Flexibility
SelectQuote completed a securitization transaction, raising $100 million in proceeds, reducing the cost of capital by over 500 basis points, and extending debt maturities.
Updated Guidance for Fiscal 2025
Revenue guidance increased to $1.425 billion to $1.525 billion, and adjusted EBITDA guidance increased to $100 million to $130 million, reflecting strong execution and positive outlook.
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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
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SLQT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| Feb 07, 2024 | $1.11 | $1.12 | +0.90% |
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.
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FAQ
When does SelectQuote Inc (SLQT) report earnings?
SelectQuote Inc (SLQT) is schdueled to report earning on Feb 10, 2025, TBA Not Confirmed.
What is SelectQuote Inc (SLQT) earnings time?
SelectQuote Inc (SLQT) earnings time is at Feb 10, 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 (Q2) is 0.1.
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