EverQuote Inc. (EVER) saw its stock price plummet 11.10% in after-hours trading on Monday following the release of its second quarter 2025 financial results. The online insurance marketplace company's earnings report fell short of analyst expectations, triggering a sell-off among investors.
The company reported earnings per share (EPS) of $0.39, missing the analyst consensus estimate of $0.45 by 13.33%. While this represents a significant increase from $0.17 per share in the same period last year, it wasn't enough to meet market expectations. Additionally, EverQuote's quarterly sales came in at $156.63 million, slightly below the analyst estimate of $157.38 million, marking a miss of 0.48%.
Despite the disappointing results relative to expectations, it's worth noting that EverQuote still demonstrated year-over-year growth. The company's sales increased by 33.71% compared to the $117.14 million reported in the same quarter last year. However, the market's reaction suggests that investors were hoping for even stronger performance, particularly given the current competitive landscape in the online insurance sector.