SelectQuote, Inc. (NYSE: SLQT) reported Q4 EPS of $0.13, $0.10 better than the analyst estimate of $0.03. Revenue for the quarter came in at $141 million versus the consensus estimate of $119.64 million.

Fourth Quarter 2020 - Consolidated Earnings Highlights

• Revenue of $141 million, Up 90% Year-Over-Year
• Net Income of $20 million, Up 56% Year-Over-Year
• Adjusted EBITDA of $40 million, Up 106% Year-Over-Year*

Chief Executive Officer Tim Danker commented, “Our Fourth Quarter demonstrates SelectQuote’s significant growth potential and we are excited to share our results following the company’s successful initial public offering this past May. The power of our leading technology-enabled direct-to-consumer model paired with our 100% in-house agent-led customer service approach positions SelectQuote well to take advantage of demographic tailwinds and a large market opportunity for years to come.”

Chief Financial Officer Raffaele Sadun added, “Based on our strong full-year 2020 performance, today we establish our full-year 2021 guidance with an initial forecast range of $775 million to $815 million for consolidated revenue and $200 million to $215 million for consolidated Adjusted EBITDA. We expect full-year consolidated net income to range from $115 million to $127 million for 2021.”

GUIDANCE:

SelectQuote, Inc. sees FY2021 revenue of $775-815 million, versus the consensus of $756.96 million.

Full-Year 2021 Revenue, Net Income and Adjusted EBITDA Expected to be in the Following Ranges:

• Revenue Expected in a Range of $775 million to $815 million
• Net Income Expected in a Range of $115 million to $127 million
• Adjusted EBITDA Expected in a Range of $200 million to $215 million*

For earnings history and earnings-related data on SelectQuote, Inc. (SLQT) click here.