Goosehead: Q3 Earnings Snapshot
WESTLAKE, Texas (AP) — WESTLAKE, Texas (AP) — Goosehead Insurance Inc. (GSHD) on Wednesday reported third-quarter profit of $6.9 million.
On a per-share basis, the Westlake, Texas-based company said it had profit of 28 cents. Earnings, adjusted for stock option expense, came to 46 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The insurance company posted revenue of $71 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $69.5 million.
Goosehead expects full-year revenue in the range of $260 million to $267 million.
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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 GSHD at https://www.zacks.com/ap/GSHD
