NASDAQ$EVER

EverQuote Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Revenue decreased by 13%, but net loss remained flat compared to the prior year period.

EverQuote reported a decrease in revenue for the fourth quarter of 2022, with a slight decrease in automotive insurance revenue and a larger decrease in revenue from other insurance verticals. The company's net loss remained flat compared to the prior year period, and Adjusted EBITDA decreased.

  • Total revenue decreased by 13% to $88.3 million.
  • Automotive insurance vertical revenue decreased by 5% to $67.2 million.
  • Other insurance verticals revenue decreased by 33% to $21.1 million.
  • GAAP net loss was $8.5 million, flat year-over-year.

Headline financials

Total Revenue

$88.3M

Previous: $102M-13.5%
EPS (adj)

-$0.26

Previous: -$0.29+10.3%
Adjusted EBITDA

$92K

No prior period
Net Income

-$8.49M

Previous: -$8.5M+0.1%
Operating Income

-$8.68M

Previous: -$8.47M-2.4%
Gross Profit

$82.2M

Previous: $95.9M-14.2%
Cash & Equivalents

$30.8M

Previous: $34.9M-11.5%
Total Assets

$157M

Previous: $144M+9.0%
Stock-Based Comp

$6.62M

Previous: $7.06M-6.2%

Revenue & EPS history

EverQuote · Revenue · Quarterly

$88.3M

Q4 2022-13.5%vs Q4 2021
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

EverQuote · $88.3M total across 2 segments · Q4 2022

  • Automotive
    $67.2M-4.5%
  • Other
    $21.1M-33.3%

Forward guidance

EverQuote provided guidance for the first quarter and full year 2023, including revenue, Variable Marketing Margin, and Adjusted EBITDA.

Tailwinds

  • First Quarter 2023 Revenue of $101 - $105 million.
  • First Quarter 2023 Variable Marketing Margin of $31.5 - $33.5 million.
  • First Quarter 2023 Adjusted EBITDA of $2 - $4 million.
  • Full Year 2023 Revenue of $420 - $435 million.
  • Full Year 2023 Adjusted EBITDA of $7 - $13 million.

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 Q4 2022

Historical avgQ4 2022

+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