Trupanion (TRUP) to Release Quarterly Earnings on Thursday

Trupanion (NASDAQ:TRUP) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Trupanion to post earnings of ($0.18) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Trupanion (NASDAQ:TRUP) last released its earnings results on Thursday, February 15th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.13. The business had revenue of $295.50 million during the quarter, compared to analyst estimates of $289.84 million. Trupanion had a negative net margin of 4.03% and a negative return on equity of 15.19%. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.23) earnings per share. On average, analysts expect Trupanion to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Trupanion Stock Performance

Shares of Trupanion stock traded down $0.13 on Tuesday, hitting $23.87. 8,136 shares of the company were exchanged, compared to its average volume of 654,455. Trupanion has a 1-year low of $18.45 and a 1-year high of $37.71. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average price of $25.72 and a 200 day moving average price of $26.83.

Analyst Ratings Changes

TRUP has been the topic of several analyst reports. Evercore ISI reduced their price target on Trupanion from $35.00 to $31.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. Stifel Nicolaus lifted their target price on shares of Trupanion from $25.00 to $28.00 and gave the stock a “hold” rating in a research note on Friday, February 16th. Finally, Piper Sandler reduced their price target on shares of Trupanion from $32.00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $33.20.

Trupanion Company Profile

Trupanion, Inc, together with its subsidiaries, provides medical insurance for cats and dogs on a monthly subscription basis in the United States, Canada, Continental Europe, and Australia. The company operates in two segments, Subscription Business and Other Business. It serves pet owners and veterinarians.