Trupanion (TRUP) Scheduled to Post Quarterly Earnings on Thursday

Trupanion (NASDAQ:TRUP) will be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

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

Trupanion Stock Up 5.1 %

Shares of TRUP opened at $23.91 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.63 and a current ratio of 1.63. The firm’s 50-day simple moving average is $25.91 and its 200 day simple moving average is $26.88. Trupanion has a 52 week low of $18.45 and a 52 week high of $37.71. The firm has a market cap of $999.80 million, a P/E ratio of -22.14 and a beta of 1.71.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TRUP. Stifel Nicolaus upped their target price on Trupanion from $25.00 to $28.00 and gave the company a “hold” rating in a research report on Friday, February 16th. Evercore ISI cut their price target on shares of Trupanion from $35.00 to $31.00 and set an “outperform” rating for the company in a report on Tuesday, February 20th. Finally, Piper Sandler decreased their price objective on shares of Trupanion from $32.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, April 5th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Trupanion currently has a consensus rating of “Hold” and an average target price of $33.20.

About Trupanion

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.