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EverQuote: 3Q Earnings Snapshot

·1 min read

CAMBRIDGE, Mass. (AP) _ EverQuote, Inc. (EVER) on Monday reported a third-quarter loss of $3.2 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 12 cents.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

The company posted revenue of $90 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $85 million.

For the current quarter ending in December, EverQuote said it expects revenue in the range of $90.4 million to $92.4 million.

The company expects full-year revenue in the range of $340 million to $342 million.

EverQuote shares have increased almost 1% since the beginning of the year. In the final minutes of trading on Monday, shares hit $34.58, a rise of 70% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVER at https://www.zacks.com/ap/EVER