Goosehead Insurance, Inc. (NASDAQ:GSHD) an independent personal lines insurance agency, is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.12 per share from revenue of $ 28.20 million.
Looking ahead, the full year income are expected at $ 0.59 per share on the revenues of $ 109.34 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 104.00 million ~ $ 109.00 million
Click Here For More Historical Outlooks Of Goosehead Insurance, Inc.
Previous Quarter Performance
Goosehead Insurance, Inc. announced income for the second quarter of $ 0.19 per share, from the revenue of $ 29.92 million. The quarterly earnings 171.43 percent while revenues increased 54.31 percent compared with the same quarter last year.
Street analysts expected Goosehead Insurance, Inc. to report income of $ 0.10 per share on revenue of $ 24.51 million for the second quarter. The bottom line results beat street analysts by $ 0.09 or 90.00 percent, at the same time, top line results outshined analysts by $ 5.41 million or 22.07 percent.
Stock Performance
Shares of Goosehead Insurance, Inc. traded low $ -4.65 or -4.16 percent on Wednesday, reaching $ 107.00 with volume of 142.20 thousand shares. Goosehead Insurance, Inc. has traded high as $ 110.32 and has cracked $ 106.54 on the downward trend
According to the previous trading day, closing price of $ 107.00, representing a 199.65 % increase from the 52 week low of $ 37.26 and a 3.01 % decrease over the 52 week high of $ 115.11.
The company has a market capital of $ 3.93 billion and is part of the Financial Services sector and Insurance – Diversified industry.
Recent Stock Dividend Announcement
The board of directors has authorized special dividend of $ 1.15 per share on July 30, 2020. The dividend were payable on August 24, 2020 to holders of record as of the close of business on August 10, 2020 and ex-dividend date on August 7, 2020.
Conference Call
Goosehead Insurance, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gooseheadinsurance.com
Goosehead Insurance, Inc. focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through two segments, Corporate Channel and Franchise Channel.
