Stock Track | EverQuote Soars 5.89% After Hours on Strong Q3 Earnings Beat

Stock Track11-04

Shares of EverQuote Inc. (EVER) jumped 5.89% in after-hours trading on Monday following the release of the company's third quarter 2025 financial results, which surpassed analyst expectations. The online insurance marketplace reported revenue of $173.94 million, beating the consensus estimate of $166.1 million, while adjusted EBITDA came in at $25.1 million, also topping the expected $22.8 million.

The strong performance was largely attributed to EverQuote's robust showing in its automotive insurance vertical, which saw a 21% year-over-year revenue growth. The company's CEO highlighted the role of AI and technology investments in driving operational efficiency and revenue growth. Additionally, EverQuote's confidence in its long-term prospects was underscored by a $21 million share repurchase during the quarter.

Looking ahead, EverQuote provided an optimistic outlook for the fourth quarter, projecting revenue between $174 million and $180 million, and adjusted EBITDA of $21 million to $23 million. The company's focus on expanding its product offerings, attracting high-intent consumers, and leveraging proprietary AI technology appears to be resonating well with investors, as reflected in the stock's post-earnings rally.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment