NYSE$SLQT
Selectquote Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported consolidated revenue and net income, driven by strategic redesign and Healthcare Services segment scale.
SelectQuote, Inc. reported a revenue of $299.4 million and a net income of $9.3 million for the third quarter of fiscal year 2023. The company's performance was driven by its strategic redesign and the continued scale of its Healthcare Services segment. They have increased guidance for fiscal year 2023.
- Consolidated revenue for the third quarter of fiscal year 2023 was $299.4 million, compared to $274.3 million for the third quarter of fiscal year 2022.
- Consolidated net income for the third quarter of fiscal year 2023 was $9.3 million, compared to a net loss of $7.0 million for the third quarter of fiscal year 2022.
- Consolidated Adjusted EBITDA for the third quarter of fiscal year 2023 was $44.0 million, compared to $12.2 million for the third quarter of fiscal year 2022.
- The company increased its guidance for fiscal year 2023 based on overall outperformance year-to-date.
Headline financials
Revenue & EPS history
SelectQuote · Revenue · Quarterly
$299M
Revenue by segment
SelectQuote · $222M total across 2 segments · Q3 2023
- Senior$185M-20.6%83.3%
- Life$37M-6.1%16.7%
Forward guidance
SelectQuote updated its fiscal year 2023 guidance ranges.
Tailwinds
- Revenue now expected in a range of $950 million to $970 million
Headwinds
- Net loss now expected in a range of $68 million to $48 million
- Adjusted EBITDA now expected in a range of $40 million to $50 million
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 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
| Quarter | Report date | Reaction (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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