earnings
confidence high
sentiment positive
materiality 0.75
Goosehead Q3 revenue up 30% to $41.7M, raises FY2021 premium & revenue guidance
Goosehead Insurance, Inc.
2021-Q3 EPS reported
$0.25
revenue$111,082,000
- Total revenue $41.7M (+30% YoY); core revenue $37.2M (+41%); net income $5.4M, diluted EPS $0.19.
- Total written premiums $435M (+44%); policies in force 948,000 (+44%); client retention 89%.
- Adjusted EBITDA $6.6M; Adjusted EPS $0.26; special cash dividend of $1.63/share declared in Q3.
- Raised FY2021 outlook: premiums $1.54-$1.56B (43-45% growth), revenues $149-$155M (27-32% growth).
- Launched Digital Agent Platform; corporate sales headcount up 35% to 502; franchises up 55% to 1,958.