SelectQuote Inc reports results for the quarter ended June 30 - Earnings Summary
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SelectQuote Increported adjusted earnings of 7 cents per share for the quarter ended June 30, surpassing last year's EPS of -18 cents and analysts' expectations of a loss of 18 cents. Revenue increased by 12.3% to $345.10 million, exceeding the forecast of $334.09 million. The company reported a loss of $3.89 million and its shares fell by 23.1% this quarter. Analysts maintain a "buy" rating with a median 12-month price target of $6.00, 69.5% above the last closing price of $1.83.
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