NYSE$SLQT

Selectquote Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

SelectQuote's financial performance was reported for Q3 2022, with revenue ahead of internal expectations, improved conversion rates, and reduced marketing costs per sale.

SelectQuote, Inc. reported consolidated revenue for the third quarter of fiscal year 2022 of $275.1 million, a net loss of $6.4 million, and an Adjusted EBITDA of $13.0 million.

  • Revenue for Q3 2022 reached $275.1 million.
  • The company experienced a net loss of $6.4 million in Q3 2022.
  • Adjusted EBITDA for Q3 2022 was $13.0 million.
  • Approved Medicare Advantage policies grew 48% year-over-year.

Headline financials

Total Revenue

$275M

Previous: $267M+3.1%
EPS (adj)

-$0.04

Previous: $0.22-118.2%
Capital Expenditures

-$24.5M

Previous: -$6.52M-276.0%
Free Cash Flow

-$31M

Previous: $30M-203.3%
Net Income

-$6.45M

Previous: $36.5M-117.7%
Operating Income

$3.11M

Previous: $54.7M-94.3%
Gross Profit

$156M

Previous: $195M-20.4%
Cash & Equivalents

$199M

Previous: $369M-46.0%
Total Assets

$1.44B

Previous: $1.43B+0.1%
Stock-Based Comp

$2.14M

Previous: $1.43M+49.9%

Revenue & EPS history

SelectQuote · Revenue · Quarterly

$275M

Q3 2022+3.1%vs Q3 2021
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Revenue by segment

SelectQuote · $273M total across 2 segments · Q3 2022

  • Senior
    $233M
  • Life
    $39.4M

Forward guidance

The company did not update its full-year fiscal 2022 revenue, net loss, and adjusted EBITDA guidance.

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 Q3 2022

Historical avgQ3 2022

-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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