Benzinga | Oct 29, 2020 04:57PM EDT

Recap: Trupanion Q3 Earnings

Shares of Trupanion (NASDAQ:TRUP) moved higher by 12.68% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 450.00% year over year to ($0.07), which missed the estimate of ($0.04).

Revenue of $130,120,000 higher by 31.07% year over year, which beat the estimate of $126,530,000.

Guidance

Trupanion hasn't issued any earnings guidance for the time being.

Trupanion hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 29, 2020

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.trupanion.com%2F&eventid=2628373&sessionid=1&key=C2CE9832625B64659F2F6EA33F55E13F&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $95.53

Company's 52-week low was at $22.48

Price action over last quarter: Up 11.20%

Company Overview

Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. The company generates most of its revenue from the subscription fees for the medical insurance plans. The company's medical plan pays most of the actual veterinary costs for accident and illness claims, has no payout limitations, and can be used to cover the costs incurred at any veterinary practice, emergency care center or specialty hospital primarily in the United States and in Canada and Puerto Rico.