|Over a month ago|
Trupanion reports Q2 EPS (23c), consensus (12c) » 16:3608/0508/05/21
Reports Q2 revenue…
Reports Q2 revenue $168.26M, consensus $164.9M. Total enrolled pets was 1,024,226 at June 30, an increase of 38% over the second quarter of 2020. "Q2 was another great quarter with net pet growth up 60% year-over-year, led by exceptionally strong retention rates," said Darryl Rawlings, founder and chief executive officer of Trupanion.
MetLife announces enhanced pet insurance offering » 11:3807/0707/07/21
MetLife (MET) announced…
MetLife (MET) announced its introduction of a "new, innovative pet insurance offering" that it said "offers a range of features at highly competitive rates available to dogs and cats of all ages and breeds." The company said: "MetLife Pet Insurance is also available as an employee benefit at discounted rates10. When obtaining coverage through their employer, employees who already have pet insurance with another insurance carrier will be able to switch to MetLife with the assurance that their pets' pre-existing conditions1 will be covered. MetLife Pet Insurance is the only carrier in the industry to offer this benefit." Shares of Trupanion (TRUP), which provides medical insurance for cats and dogs on monthly subscription basis, are down $3.02, or nearly 3%, to $117.27 in late morning trading.
|Over a quarter ago|
Trupanion product expansion to fuel growth, says Canaccord » 07:1106/1706/17/21
Canaccord analyst Maria…
Canaccord analyst Maria Ripps said the Trupanion strategic plan includes lead channel diversification, improving member experience, and broadening its subscription offering. She said its continued execution and product expansion will fuel its growth and believes its goal of roughly 25% annual revenue growth for the next five years is achievable. Ripps reiterated her Buy rating and $150 price target on Trupanion shares.
Trupanion sees FY21 revenue $674M-$682M, consensus $663.93M » 17:1004/2904/29/21
Sees FY21 adjusted…
Sees FY21 adjusted operating income roughly $75M.
Trupanion sees Q2 revenue $164M-$166M, consensus $159.92M » 17:0804/2904/29/21
Guidance taken from Q1…
Guidance taken from Q1 earnings conference call.
Trupanion reports Q1 EPS (31c), consensus (6c) » 16:4504/2904/29/21
Reports Q1 revenue…
Reports Q1 revenue $154.69M, consensus $151.97M. Total enrolled pets was 943,854 at March 31, an increase of 37% over the first quarter of 2020. "2021 is off to a flying start, with revenues up 39% year-over-year, led by growth in subscription pets," said Darryl Rawlings, founder and chief executive officer of Trupanion. "We're well positioned in a large, underpenetrated market and have the capital to continue to grow at these accelerated rates."
Trupanion initiated with an Outperform at Evercore ISI » 16:2804/0504/05/21
Evercore ISI analyst Mark…
Evercore ISI analyst Mark Mahaney initiated coverage of Trupanion with an Outperform rating and $100 price target. He cites the company's highly predictable subscription-based model and "leading industry position in a very large, under-penetrated market" for his bullish view.
Trupanion price target raised to $150 from $85 at Lake Street » 09:0302/1102/11/21
Lake Street analyst Mark…
Lake Street analyst Mark Argento raised the firm's price target on Trupanion to $150 from $85 and keeps a Buy rating on the shares after what he calls a "strong" Q4 "across all key metrics" and issuing guidance for FY21 growth above Street estimates. Argento believes the company has been able to leverage its data, customer service, partner relationships, and software platform to widen its competitive moats since the pandemic began and continues to view Trupanion as a "growth story still in the early innings," he tells investors in a research note.
Trupanion price target raised to $150 from $140 at Canaccord » 08:4602/1102/11/21
Canaccord analyst Maria…
Canaccord analyst Maria Ripps raised the firm's price target on Trupanion to $150 from $140 and keeps a Buy rating on the shares. The analyst said its better than expected quarter was led by enrolled pet growth, revenue, and gross margins all coming in ahead of expectations. The analyst has increasing confidence the company can continue to deliver strong growth within the large and underpenetrated North American pet insurance market.
Trupanion reports Q4 EPS (9c), consensus (3c) » 16:1102/1002/10/21
Reports Q4 revenue…
Reports Q4 revenue $142.69M, consensus $139.24M. Subscription business revenue was $106.4M, an increase of 23% compared to Q4 of 2019. "The fourth quarter capped off a strong year for Trupanion. We're set up well to capture the growing opportunities within our large, underpenetrated market," said Darryl Rawlings, founder and chief executive officer of Trupanion.