Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
Goosehead: Q1 Earnings Snapshot
By AP News - Apr 24, 2024, 04:54 PM ET
Last Updated - Apr 24, 2024, 04:54 PM EDT
WESTLAKE, Texas (AP) — WESTLAKE, Texas (AP) — Goosehead Insurance Inc. (GSHD) on Wednesday reported first-quarter earnings of $1.8 million.
On a per-share basis, the Westlake, Texas-based company said it had profit of 5 cents. Earnings, adjusted for stock option expense and asset impairment costs, were 28 cents per share.
Sponsored
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.
The insurance company posted revenue of $64.5 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $66.2 million.
Goosehead expects full-year revenue in the range of $290 million to $310 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSHD at https://www.zacks.com/ap/GSHD
Sponsored
Read More from Investing
Popular News
Latest News
