Online insurance comparison site EverQuote (NASDAQ:EVER) will be reporting earnings tomorrow after the bell. Here’s what to expect. EverQuote beat analysts’ revenue expectations by 10% last quarter, reporting revenues of $147.5 million, up 165% year on year. It was an exceptional quarter for the company, with EBITDA guidance for next quarter exceeding analysts’ expectations. Is EverQuote a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting EverQuote’s revenue to grow 73.9% year on year to $158.3 million, a reversal from the 16.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.50 per share.EverQuote Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. EverQuote has missed Wall Street’s revenue estimates twice over the last two years. Looking at EverQuote’s peers in the online marketplace segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Etsy posted flat year-on-year revenue, beating analysts’ expectations by 1.4%, and eBay reported revenues up 1.1%, topping estimates by 1.6%. Etsy traded down 8% following the results while eBay’s stock price was unchanged. Read our full analysis of Etsy’s results here and eBay’s results here. There has been positive sentiment among investors in the online marketplace segment, with share prices up 18% on average over the last month. EverQuote is up 26.9% during the same time and is heading into earnings with an average analyst price target of $33.83 (compared to the current share price of $26.84). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. View Comments
EverQuote (EVER) Reports Q1: Everything You Need To Know Ahead Of Earnings
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