NASDAQ$EVER
EverQuote Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
EverQuote reported a strong third quarter, marked by significant revenue growth and margin expansion.
EverQuote announced a 34% year-over-year increase in total revenue, reaching $90.0 million, and a 55% increase in non-auto insurance revenue. The company's Variable Market Margin expanded to a record 33% of total revenue, and they raised their full-year 2020 guidance.
- Total revenue increased by 34% year-over-year to $90.0 million.
- Non-auto insurance revenue grew by 55% year-over-year to $15.2 million.
- Variable Marketing Margin (VMM) expanded to 33% of total revenue.
- The company completed the acquisition of Crosspointe Insurance & Financial Services, LLC on September 1, 2020.
Headline financials
Revenue & EPS history
EverQuote · Revenue · Quarterly
$90M
Revenue by segment
EverQuote · $55M total across 3 segments · Q3 2023
- Automotive$43.1M-51.2%78.3%
- Home and Renters$10.9M—19.8%
- Other$1.05M-93.1%1.9%
Forward guidance
EverQuote anticipates revenue between $90.4 - $92.4 million, Variable Marketing Margin of $29.3 - $30.3 million, and Adjusted EBITDA in the range of $4.0 - $5.0 million for Q4 2020.
Tailwinds
- Revenue of $90.4 - $92.4 million is expected.
- Variable Marketing Margin of $29.3 - $30.3 million is anticipated.
- Adjusted EBITDA is projected to be in the range of $4.0 - $5.0 million.
- Full year revenue is expected to be $340.0 - $342.0 million.
- Full year Variable Marketing Margin is expected to be $106.0 - $107.0 million.
Headwinds
- The company has not reconciled the non-GAAP measure Adjusted EBITDA to the GAAP measure net loss.
- Guidance does not include stock-based compensation expense.
- Guidance does not include depreciation and amortization expense.
- Guidance does not include acquisition-related costs.
- Guidance does not include interest income and expense, and the provision for (benefit from) income taxes.
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 Q3 2020
+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
| Quarter | Report date | Reaction (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 | — | — | — |
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