TRUP Stock Recent News
TRUP LATEST HEADLINES
In early spring, a sudden wave of awe-inducing bank failures rocked the U.S. financial sector. The sequential collapses of Signature Bank, Silicon Valley Bank, and First Republic Bank triggered a panic among depositors and regulators.
The consensus price target hints at a 25.3% upside potential for Trupanion (TRUP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Trupanion, Inc. (NASDAQ:TRUP ) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Laura Bainbridge - IR Darryl Rawlings - CEO Margi Tooth - President Wei Li - Interim CFO Conference Call Participants Maria Ripps - Canaccord Shweta Khajuria - Evercore ISI Josh Shanker - Bank of America Jon Block - Stifel Wilma Burdis - Raymond James Katie Sakys - Autonomous Research John Barnidge - Piper Sandler Operator Good day. And welcome to the Trupanion Second Quarter 2023 Earnings Call.
Trupanion (TRUP) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.42. This compares to loss of $0.33 per share a year ago.
SEATTLE, July 13, 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 second quarter after the market closes on Thursday, August 3rd, 2023. The company will host a conference call that day beginning shortly after 1:30 p.m. PT / 4:30 p.m. ET.
As shareholders of pet insurer Trupanion Inc. NASDAQ: TRUP learned last month, when you post a net loss that's twice what Wall Street expected, things get a little fuzzy.
Trupanion (TRUP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Vet inflation has impacted Trupanion's performance. But it got great news on Thursday afternoon: Rate increases were approved in key states.
Markets mostly finished higher after a sluggish start to the day. 3M announced a tentative settlement with public water suppliers over alleged PFAS contamination.
Shares of Trupanion Inc. TRUP, -5.73% jumped after hours on Thursday after the pet-insurance provider announced that California and New York approved double-digit rate increases, saying that the hikes were “necessary in today's rising cost of veterinary care environment.” California approved a rate increase of more than 12%, while New York approved a requested 18% rate increase, the company said.