GSHD Stock Recent News

Get a deeper insight into the potential performance of Goosehead (GSHD) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Goosehead (GSHD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WESTLAKE, Texas, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), announced today that it will report its fourth quarter and full year 2023 results after the market close on Wednesday, February 21, 2024.

Investors interested in Insurance - Multi line stocks are likely familiar with Prudential (PRU) and Goosehead Insurance (GSHD). But which of these two stocks is more attractive to value investors?

To build wealth in the stock market, invest in high-quality companies and hold them for the long haul. High-flying tech and AI stocks get the attention, but you should consider investing opportunities in overlooked sectors.

Goosehead Insurance has achieved significant growth through its franchising model in the personal insurance sales market. Goosehead's profitability has varied as the company scales, but recent efforts for improving productivity and a higher scale has brought margins to a very good level. The stock seems highly valued with current earnings, but I believe that the valuation is quite moderate when accounting for Goosehead's future prospects.

Goosehead (GSHD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Goosehead Insurance, Inc (NASDAQ:GSHD ) Q3 2023 Earnings Conference Call October 25, 2023 4:30 PM ET Company Participants Dan Farrell - Vice President, Capital Markets Mark Jones - Chairman & Chief Executive Officer Mark Miller - President & Chief Operating Officer Mark Jones Jr. - Chief Financial Officer Brian Pattillo - Executive Vice President Conference Call Participants Michael Zaremski - BMO Brian Meredith - UBS Securities Mark Hughes - Truist Securities Meyer Shields - Keefe, Bruyette & Woods Scott Heleniak - RBC Capital Markets Josh Shanker - Bank of America Pablo Singzon - JPMorgan Operator Hello and welcome to Goosehead Insurance Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Goosehead Insurance (GSHD) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.24 per share a year ago.

Although the revenue and EPS for Goosehead (GSHD) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.