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Trupanion (TRUP) Reports Q2 Earnings: What Key Metrics Have to Say

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Trupanion (TRUP - Free Report) reported $314.8 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 16.4%. EPS of -$0.14 for the same period compares to -$0.33 a year ago.

The reported revenue represents a surprise of +1.61% over the Zacks Consensus Estimate of $309.82 million. With the consensus EPS estimate being -$0.18, the EPS surprise was +22.22%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Trupanion performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Revenue- Other Business

    : $106.18 million compared to the $102.03 million average estimate based on four analysts. The reported number represents a change of +9.1% year over year.
  • Revenue- Subscription Business

    : $208.62 million versus the four-analyst average estimate of $207.50 million. The reported number represents a year-over-year change of +20.4%.
  • Gross Profit- Other Business

    : $7.39 million versus the two-analyst average estimate of $7.64 million.
  • Gross Profit- Subscription Business

    : $32.88 million compared to the $31.24 million average estimate based on two analysts.
View all Key Company Metrics for Trupanion here>>>

Shares of Trupanion have returned +17.4% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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