Although the revenue and EPS for Trupanion (TRUP) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Trupanion (TRUP) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to loss of $0.05 per share a year ago.
SEATTLE, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, today announced financial results for the fourth quarter and full year ended December 31, 2024.
Dublin, Feb. 19, 2025 (GLOBE NEWSWIRE) -- The "South America Pet Insurance Market Outlook, 2030" report has been added to ResearchAndMarkets.com's offering. The pet insurance market in South America is poised for considerable growth by 2030, bolstered by the increasing number of pet owners and heightened awareness of animal health care. This burgeoning market is a reflection of a changing society where pets are considered family members, meriting the same level of care and protection as human relatives. With this anthropomorphic shift, pet owners are more inclined to secure financial safety nets to cover potential veterinary costs, thus stimulating the expansion of the pet insurance sector. Rise in pet ownership driving market growth Cultural changes, urbanization, and demographic shifts are contributing to a surge in pet ownership across South America. As pets become more integral to family structures, owners are proactively investing in the well-being of their furry companions through routine veterinary care and preventive measures. This increased focus on pet health has sparked a demand for pet insurance, easing the financial burden for owners and enabling them to manage unforeseen health expenses. Economic growth fuelling industry development The steady rise in disposable income among South America's middle class is rendering pet ownership and care more accessible. This, in turn, is expected to boost the demand for pet insurance policies. Furthermore, gradual improvements in regulatory frameworks are fostering a transparent and consumer-friendly insurance market, encouraging innovation and growth in this sector. Geographical and segment insights Argentina and Brazil are at the forefront of pet ownership in South America, creating vast potential markets for pet insurance providers. While dogs currently dominate the preference among pet owners, other pets, including cats, birds, and fish, are expected to significantly contribute to market growth. The insurance sector is responding to these trends with innovative offerings, maximum coverage plans, and competitive premiums. As the industry prepares for a decade of growth and evolution, entities directly or tangentially associated with the pet insurance sector – from manufacturers and suppliers to associations, organizations, and even governmental entities – will find that aligning their strategies with these market trends will be crucial for success. This transformative period promises opportunities for companies ready to meet the emerging needs of South American pet owners with creative and customer-centric insurance products. Report Scope
Trupanion (TRUP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Aflac Incorporated, Unum Group, Trupanion, and Employers Holdings are included in the Zacks Industry Outlook report.
NEW YORK , Dec. 17, 2024 /PRNewswire/ -- URvet Care, a trusted provider of exceptional veterinary care, is proud to announce its collaboration with Trupanion, a leading provider of pet medical insurance for cats and dogs. This collaboration allows URvet Care to help pet parents through Trupanion's innovative Vet Direct Pay solution.
Does Trupanion (TRUP) have what it takes to be a top stock pick for momentum investors? Let's find out.
Trupanion, Inc. (NASDAQ:TRUP ) Q3 2024 Results Earnings Conference Call October 31, 2024 4:30 PM ET Company Participants Gil Melchior - Director of Investor Relations Margi Tooth - President and Chief Executive Officer Fawwad Qureshi - Chief Financial Officer Conference Call Participants Maria Ripps - Canaccord Genuity John Barnidge - Piper Sandler Brandon Vazquez - William Blair Joshua Shanker - BofA Securities Jonathan Block - Stifel Katie Sakys - Autonomous Research Wilma Burdis - Raymond James Operator Good day and welcome to the Trupanion Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Although the revenue and EPS for Trupanion (TRUP) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.