TRUP Stock Recent News

The average of price targets set by Wall Street analysts indicates a potential upside of 38.8% in Trupanion (TRUP). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Trupanion easily exceeded estimates with its third-quarter report, including 22% quarterly revenue growth and a significantly narrowed net loss. Total enrolled pets grew 19%, while subscription revenue climbed 20%.

Trupanion, Inc. (TRUP) Q3 2023 Earnings Call Transcript

The heavy selling pressure might have exhausted for Trupanion (TRUP) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Trupanion (TRUP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Trupanion (TRUP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SEATTLE, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), the leader in medical insurance for cats and dogs, announced today it will report financial results for its 2023 third quarter after the market closes on Thursday, November 2nd, 2023. The company will host a conference call that day beginning shortly after 1:30 p.m. PT / 4:30 p.m. ET.

Trupanion's (TRUP) heightened focus on pet health and well-being in an underpenetrated pet insurance market, product launches, extended operating boundaries and a solid capital position poise it well for growth.

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Trupanion's pet membership and revenue roared higher in Q2. The company's financial means can power future growth.