NASDAQ$EVER

EverQuote Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Entered into a loan and security modification agreement with Western Alliance Bank.

EverQuote entered into a Loan and Security Modification Agreement with Western Alliance Bank as of August 1, 2023. The agreement consents to the sale of Eversurance LLC and releases liens on the equity interests and contracts related to Eversurance.

  • EverQuote entered into a Loan and Security Modification Agreement with Western Alliance Bank on August 1, 2023.
  • The agreement consents to EverQuote selling its membership interests in Eversurance LLC to MyPlanAdvocate Insurance Solutions Inc.
  • Western Alliance Bank released liens on the equity interests and contracts related to Eversurance.
  • EverQuote affirmed that it has no defenses against its obligations under the Indebtedness with Western Alliance Bank.

Headline financials

Total Revenue

$68M

Previous: $102M-33.3%
EPS (adj)

-$0.28

Previous: -$0.12-133.3%
Free Cash Flow

-$13.2M

Previous: -$3.76M-251.3%
Net Income

-$13.2M

Previous: -$3.76M-251.3%
Operating Income

-$13.4M

Previous: -$3.82M-249.9%
Gross Profit

$62.4M

Previous: $95.9M-34.9%
Cash & Equivalents

$31M

Previous: $41.3M-24.8%
Total Assets

$145M

Previous: $161M-9.9%
Stock-Based Comp

$7.13M

Previous: $7.6M-6.2%

Revenue & EPS history

EverQuote · Revenue · Quarterly

$68M

Q2 2023-33.3%vs Q2 2022
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

EverQuote · $55M total across 3 segments · Q3 2023

  • Automotive
    $43.1M-51.2%
  • Home and Renters
    $10.9M
  • Other
    $1.05M-93.1%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+3.6%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+5.4%

Avg return

30 days after

61%

19 / 31 earnings

Positive

+63.0%

Q1 2026

Best reaction

-46.7%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+63.0%+40.3%
Q4 2025+1.2%+3.1%+3.8%
Q3 2025+8.3%+13.5%+23.9%
Q1 2025-12.0%-11.9%-6.6%
Q4 2024+27.1%+33.4%+39.4%
Q3 2024+4.6%+7.0%+7.4%
Q2 2024+7.9%-12.0%-10.5%
Q1 2024+16.3%+4.8%+6.7%
Q4 2023+5.4%-2.6%+12.1%
Q3 2023+10.4%+4.1%+29.1%
Q2 2023-17.5%-11.7%-10.7%
Q1 2023+3.3%+7.0%+32.0%
Q4 2022-20.1%-17.1%-21.8%
Q3 2022+0.7%+30.0%+77.3%
Q2 2022-6.9%+9.9%-17.2%
Q1 2022-12.4%-10.7%-36.2%
Q4 2021-5.0%-1.0%-9.6%
Q3 2021-8.6%-4.5%-8.6%
Q2 2021-16.7%-20.5%-35.2%
Q1 2021-1.5%-5.9%-5.7%
Q4 2020+3.3%+1.7%-27.2%
Q3 2020+10.1%+18.7%+9.6%
Q2 2020-25.6%-23.6%-31.5%
Q1 2020+27.4%+32.4%+53.0%
Q4 2019-14.2%-12.9%-37.8%
Q3 2019+28.4%+40.6%+70.9%
Q2 2019+40.7%+43.2%+60.1%
Q1 2019+17.4%+20.9%+30.3%
Q4 2018+19.3%+24.7%+28.9%
Q3 2018-46.7%-56.4%-52.6%
Q2 2018+4.8%+2.6%-12.5%
Q4 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro