NYSE$SLQT

Selectquote Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

SelectQuote's financial performance reflected a mix of revenue growth and net losses.

SelectQuote reported a revenue of $162.5 million and a net loss of $42.5 million for the first quarter of fiscal year 2023. The company reaffirmed its full-year 2023 financial guidance ranges.

  • SelectQuote's Q1 2023 revenue reached $162.5 million.
  • The company experienced a net loss of $42.5 million in Q1 2023.
  • SelectQuote's Adjusted EBITDA* was $(27.5) million for Q1 2023.
  • The company reaffirmed its fiscal year 2023 revenue guidance of $850 million to $950 million.

Headline financials

Total Revenue

$162M

Previous: $160M+1.6%
EPS (adj)

-$0.26

Previous: -$0.28+7.1%
Capital Expenditures

-$298K

Previous: -$7.82M+96.2%
Free Cash Flow

-$42.8M

Previous: -$53.2M+19.6%
Net Income

-$42.5M

Previous: -$45.4M+6.4%
Operating Income

-$39.5M

Previous: -$52.2M+24.2%
Gross Profit

$120M

Previous: $67.8M+77.3%
Cash & Equivalents

$71.1M

Previous: $184M-61.3%
Total Assets

$1.25B

Previous: $1.39B-10.1%
Stock-Based Comp

$2.63M

Previous: $2.22M+18.7%

Revenue & EPS history

SelectQuote · Revenue · Quarterly

$162M

Q1 2023+1.6%vs Q1 2022
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

SelectQuote · $114M total across 2 segments · Q1 2023

  • Senior
    $77.5M-27.1%
  • Life
    $36.8M-26.1%

Forward guidance

SelectQuote reaffirmed its full-year 2023 financial guidance ranges.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-2.4%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+2.2%

Avg return

30 days after

57%

17 / 30 earnings

Positive

+75.5%

Q2 2023

Best reaction

-49.0%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-8.9%+39.9%+24.3%
Q2 2026-29.0%-37.4%-47.9%
Q1 2026+0.0%-16.8%-29.3%
Q3 2025-12.1%-14.2%-15.4%
Q2 2025+30.8%+37.0%-17.4%
Q1 2025+6.9%+16.7%+46.1%
Q4 2024-49.0%-44.6%-37.6%
Q3 2024+4.8%+12.4%+13.2%
Q2 2024+6.3%+40.5%+64.0%
Q1 2024-4.3%-5.8%-3.6%
Q4 2023-16.2%-16.9%-8.8%
Q3 2023+11.1%-16.7%+16.7%
Q2 2023+75.5%+128.8%+181.1%
Q1 2023+9.5%+9.2%+17.7%
Q4 2022-30.4%-47.5%-54.9%
Q3 2022+7.5%+0.4%+20.4%
Q2 2022-48.0%-55.4%-60.1%
Q1 2022-22.3%-17.8%-36.3%
Q4 2021-44.6%-37.6%-7.2%
Q3 2020-21.5%-22.2%-23.4%
Q3 2021-21.9%-23.2%-26.6%
Q2 2020+7.7%+9.2%+7.4%
Q2 2021+7.7%+9.2%+7.4%
Q1 2020+2.7%+7.7%+20.3%
Q1 2021+7.6%+10.5%+23.0%
Q4 2018+10.9%+12.0%-2.1%
Q4 2019+10.9%+12.0%-2.1%
Q3 2019+10.9%+12.0%-2.1%
Q2 2019+10.9%+12.0%-2.1%
Q4 2020+14.2%+20.1%+0.3%
Q1 2019

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