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WESTLAKE, Texas (AP) — WESTLAKE, Texas (AP) — Goosehead Insurance Inc. (GSHD) on Wednesday reported second-quarter earnings of $6.2 million.
The Westlake, Texas-based company said it had profit of 24 cents per share. Earnings, adjusted for stock option expense, were 42 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.
The insurance company posted revenue of $78.1 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $74.1 million.
Goosehead expects full-year revenue in the range of $290 million to $310 million.
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This story was generated by Automated Insights (https://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSHD at https://www.zacks.com/ap/GSHD