earnings
confidence high
sentiment neutral
materiality 0.65
Goosehead reiterates FY2022 outlook: premiums $2.15B-$2.22B, revenues $194M-$205M
Goosehead Insurance, Inc.
- Total written premiums expected $2.152B-$2.215B, organic growth 38-42%.
- Total revenues expected $194M-$205M, organic growth 28-35%.
- Contingent commissions lower at $8-10M for FY2022 due to carrier underwriting struggles.
- Adjusted EBITDA margin expected to expand in FY2022 after prior investments.