Preview Of Trupanion, Inc. ($TRUP) 3Q20 Earnings

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Trupanion, Inc. (NASDAQ:TRUP) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.04 per share.

For the full year, analysts predict revenues of $ 489.16 million, while looking forward to loss of $ 0.06 per share.

Previous Quarter Performance

Trupanion, Inc. communicated income for the second quarter of $ 0.04 per share, from the revenue of $ 117.92 million. The quarterly revenues developed 29.37 percent compared with the same quarter last year. Wall street analysts are predicting, TRUP to report 2Q20 loss of $ 0.02 per share from revenue of $ 114.58 million. The bottom line results beat street analysts by $ 0.06 or 300.00 percent, at the same time, top line results outshined analysts by $ 3.34 million or 2.91 percent.

Stock Performance

Shares of Trupanion, Inc. traded low $ -1.16 or -1.60 percent on Wednesday, reaching $ 71.50 with volume of 475.80 thousand shares. Trupanion, Inc. has traded high as $ 72.22 and has cracked $ 70.21 on the downward trend

According to the previous trading day, closing price of $ 71.50, representing a 223.22 % increase from the 52 week low of $ 22.48 and a 23.94 % decrease over the 52 week high of $ 95.53.

The company has a market capital of $ 2.52 billion and is part of the Financial Services sector and Insurance – Specialty industry.

Conference Call

Trupanion, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.trupanion.com

Trupanion, Inc., together with its subsidiaries, provides medical insurance for cats and dogs on monthly subscription basis in the United States, Canada, and Puerto Rico. The company operates through Subscription Business and Other Business segments. It serves pet owners and veterinarians through third-party referrals and online member acquisition channels.