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Trupanion Inc. (TRUP)
:TRUP
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.08Last Year’s EPS
-0.05Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -13.59%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in terms of subscription revenue and operating income growth, alongside achieving significant milestones and benefiting from regulatory changes. However, challenges with retention, inflation impacts, and ongoing remediation of material weaknesses in controls were notable concerns.Company Guidance
During the Trupanion Third Quarter 2024 Earnings Conference Call, the executives reported strong financial performance, with a notable 66% increase in subscription adjusted operating income compared to the previous year. The subscription adjusted operating margin reached 14%, marking a 390 basis point improvement year-over-year. Revenue for the subscription segment grew by 20%, totaling $219 million, while the total revenue for the quarter was $327.5 million, up 15% from the previous year. The company achieved a 71% value proposition, despite facing significant veterinary inflation. They also added approximately 65,800 new subscription pets during the quarter, with an average pet acquisition cost of $243 and an estimated internal rate of return of 36%. The executives expect to achieve a 15% subscription adjusted operating margin in the fourth quarter, aligning with their long-term goal.Subscription Adjusted Operating Income Growth
Subscription adjusted operating income increased by 66% year-over-year, with a subscription adjusted operating margin reaching 14%, marking a 390 basis point improvement.
Revenue Growth
Total revenue for the quarter was $327.5 million, up 15% year-over-year, with subscription segment revenue growing 20%.
Strong Adjusted Operating Income
Total adjusted operating income for Q3 was $32.6 million, up 37% from the previous year.
Significant Milestone in Veterinary Invoice Payments
Trupanion is approaching $3 billion in paid veterinary invoices within its subscription segment, with the third billion being paid in less than two years.
Positive Impact of NAIC Factor Changes
Capital requirements decreased by 24% since the end of 2023 due to NAIC changes, leading to more available funds for growth.
Free Cash Flow Improvement
Free cash flow was $13.4 million for the quarter, a $6.4 million improvement from the previous year's third quarter.
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TRUP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TRUP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $55.12 | $54.78 | -0.62% |
| Aug 08, 2024 | $35.03 | $38.30 | +9.33% |
| May 02, 2024 | $23.78 | $19.85 | -16.53% |
| Feb 15, 2024 | $35.28 | $22.88 | -35.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Trupanion Inc. (TRUP) report earnings?
Trupanion Inc. (TRUP) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Trupanion Inc. (TRUP) earnings time?
Trupanion Inc. (TRUP) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRUP EPS forecast?
TRUP EPS forecast for the fiscal quarter 2024 (Q4) is 0.08.
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