Trupanion: 4Q Earnings Snapshot
Trupanion: 4Q Earnings Snapshot
SEATTLE (AP) _ Trupanion Inc. (TRUP) on Wednesday reported a loss of $275,000 in its fourth quarter.
On a per-share basis, the Seattle-based company said it had a loss of 1 cent.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The provider of medical insurance covering cats and dogs posted revenue of $82.6 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $82 million.
For the year, the company reported that its loss narrowed to $927,000, or 3 cents per share. Revenue was reported as $304 million.
Trupanion shares have increased 12 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $28.64, a fall of slightly more than 8 percent 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 TRUP at https://www.zacks.com/ap/TRUP