GSHD Earnings Prediction
The chart below shows how GSHD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GSHD sees a -2.97% change in stock price 10 days leading up to the earnings, and a +9.03% change 10 days following the report. On the earnings day itself, the stock moves by -0.31%. This data can give you a slight idea of what to expect for the next quarter's release.
GSHD Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
78.03M
9.86%
-0.07%
Gross Margin
--
--
--
Operating Margin
21.06%
9.86%
6.80%
Net Margin
16.16%
1.83%
16.01%
EPS
0.29
3.57%
20.83%
No Data Available
GSHD Earnings Analysis
Goosehead Insurance, Inc. Class A Common Stock Corporation (GSHD.O) Earnings Conference Call
Positive
Quarterly Premium Milestone: Total written premiums reached $1 billion in a single quarter, marking a significant milestone for the company.
Corporate Agent Headcount Growth: The corporate agent headcount grew from 276 in Q2 2023 to 458 at the end of Q3 2024, reflecting a strong recruitment effort.
Quarterly Revenue Growth: Total revenues for the quarter grew to $78 million, representing a 10% growth over the prior year period, with core revenues of $73.5 million, up 16% for the quarter.
Adjusted EBITDA Increase: Adjusted EBITDA for the quarter was up 17% to $26.1 million from $22.4 million a year ago, indicating strong operational performance.
Record Quarterly Premium Growth: The company achieved a record level of quarterly premium for the first time exceeding $1 billion, showcasing robust growth in the premium segment.
Negative
Quarterly Revenue Growth: Total revenues for the quarter grew to $78 million, representing 10% growth over the prior year period, with core revenues of $73.5 million, up 16% for the quarter.
Agency Termination Impact: During the quarter, we terminated or transferred 36 operating agencies compared to 89 in the previous year period, which resulted in lower accelerated franchise fee revenue.
Contingent Revenue Decline: Contingent revenues, which include Contingent Commissions, were $2.9 million, down 44% from the year ago period.
Market Shopping Activity Impact: We still have a lot of shopping activity going on in the market. And that makes, I think, the productivity numbers look all more impressive because they're doing a lot more work in the day to generate the level of productivity they're doing.
Client Retention Stability: Client retention was flat at 84% for the second quarter to the third quarter of this year. This is after multiple quarters in a row of sequential declines due to historically high premium rate increases driving client shopping activity.
GSHD FAQs
How does GSHD typically perform around its earnings report dates?
Is Goosehead Insurance, Inc. (GSHD) Q3 2024 Earnings Conference Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GSHD Earning Call Sentiment
Goosehead Insurance, Inc. (GSHD) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
GSHD.O
-3.15%Positive
The earnings call reflects strong financial performance with year-over-year growth in corporate premiums, total revenues, adjusted EBITDA, and operating cash flow. The company shows positive momentum in agent productivity and market expansion plans, despite some challenges in ancillary revenues and product availability. Q&A insights suggest management's optimism for product return and stable pricing, although there are uncertainties in timing. Given the company's small-cap status and strategic growth plans, the stock is likely to experience a positive movement of 2% to 8% in the next two weeks.
