earnings
confidence high
sentiment positive
materiality 0.75
Goosehead Q3 revenue up 23% to $71M; net income surges to $11.3M from $3M
Goosehead Insurance, Inc.
2023-Q3 EPS reported
$0.43
revenue$198,262,000
- Total revenue $71.0M (+23% YoY); core revenue $63.1M (+22%) driven by higher premiums and retention.
- Net income $11.3M ($0.29 EPS) vs $3.0M a year ago; adjusted EPS $0.46 (+92%).
- Adjusted EBITDA $22.4M (+104%) with margin expanding 13 pts to 32%.
- Total written premiums placed rose 30% to $802.9M; policies in force up 18% to ~1.456M.
- Full-year 2023 outlook reaffirmed: revenue $260-267M; written premiums $2.87-2.99B.