Trupanion Inc (TRUP) Expected to Post Earnings of -$0.03 Per Share

Analysts expect Trupanion Inc (NYSE:TRUP) to announce ($0.03) earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Trupanion’s earnings. The highest EPS estimate is $0.00 and the lowest is ($0.06). Trupanion posted earnings of ($0.06) per share in the same quarter last year, which suggests a positive year over year growth rate of 50%. The firm is expected to issue its next earnings report on Tuesday, February 13th.

According to Zacks, analysts expect that Trupanion will report full-year earnings of ($0.04) per share for the current year, with EPS estimates ranging from ($0.06) to ($0.02). For the next financial year, analysts expect that the company will report earnings of $0.03 per share, with EPS estimates ranging from ($0.01) to $0.10. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Trupanion.

Trupanion (NYSE:TRUP) last posted its earnings results on Thursday, November 2nd. The financial services provider reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.04. The firm had revenue of $63.12 million for the quarter, compared to analyst estimates of $61.44 million. Trupanion had a return on equity of 3.57% and a net margin of 0.71%. Trupanion’s revenue for the quarter was up 30.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.06) earnings per share.

Several equities analysts have issued reports on the stock. BidaskClub downgraded shares of Trupanion from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research upgraded shares of Trupanion from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research note on Wednesday, November 8th. Canaccord Genuity restated a “buy” rating and issued a $35.00 price objective (up previously from $29.00) on shares of Trupanion in a research note on Tuesday, October 31st. Cowen and Company restated an “outperform” rating and issued a $28.00 price objective (up previously from $19.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Finally, Stifel Nicolaus restated a “buy” rating and issued a $24.00 price objective (up previously from $18.00) on shares of Trupanion in a research note on Wednesday, August 2nd. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Trupanion has a consensus rating of “Buy” and an average target price of $28.83.

Trupanion (NYSE TRUP) traded up $1.08 during trading hours on Friday, reaching $31.27. The company had a trading volume of 199,100 shares, compared to its average volume of 155,235. Trupanion has a 52-week low of $13.71 and a 52-week high of $33.00.

In other news, CFO Tricia Plouf sold 1,000 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $32.11, for a total transaction of $32,110.00. Following the completion of the sale, the chief financial officer now owns 14,000 shares in the company, valued at $449,540. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Darryl Rawlings sold 3,500 shares of the firm’s stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $22.30, for a total transaction of $78,050.00. Following the completion of the sale, the insider now owns 1,453,005 shares of the company’s stock, valued at approximately $32,402,011.50. The disclosure for this sale can be found here. Insiders have sold 114,000 shares of company stock valued at $2,913,615 in the last quarter.

A number of large investors have recently made changes to their positions in TRUP. Bank of New York Mellon Corp lifted its position in Trupanion by 14.1% in the first quarter. Bank of New York Mellon Corp now owns 56,991 shares of the financial services provider’s stock valued at $811,000 after purchasing an additional 7,054 shares during the period. American International Group Inc. lifted its position in Trupanion by 7.1% in the first quarter. American International Group Inc. now owns 8,864 shares of the financial services provider’s stock valued at $126,000 after purchasing an additional 588 shares during the period. Alliancebernstein L.P. lifted its position in Trupanion by 1.2% in the first quarter. Alliancebernstein L.P. now owns 16,700 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 200 shares during the period. Vanguard Group Inc. lifted its position in Trupanion by 3.7% in the first quarter. Vanguard Group Inc. now owns 650,459 shares of the financial services provider’s stock valued at $9,249,000 after purchasing an additional 23,419 shares during the period. Finally, Geode Capital Management LLC lifted its position in Trupanion by 4.2% in the first quarter. Geode Capital Management LLC now owns 129,045 shares of the financial services provider’s stock valued at $1,835,000 after purchasing an additional 5,160 shares during the period.

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About Trupanion

Trupanion, Inc provides medical insurance plans for cats and dogs throughout the United States, Canada and Puerto Rico. The Company operates in two business segments: subscription business and other business. The subscription business segment includes monthly subscriptions for its medical plan, which are marketed to consumers.

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