By Christiana Sciaudone
Investing.com — Stuck at house, we adopted cats and puppies in droves. And now we are guarding our new furry mates.
Trupanion (NASDAQ:), which sells pet medical insurance, jumped almost 18% on Wednesday to a record following reporting a bump in revenue and a profit.
Sales of $117.9 million rose 28% from a calendar year before, and compared to the normal analyst estimate of $114.5 million. Trupanion claimed earnings for each share of 4 cents in comparison to a net loss of 6 cents for each share a year before, and as opposed to the average analyst forecast of a 3-cent loss per share.
The quantity of full enrolled pets was 44,727 at June 30, an maximize of 29% above the 2nd quarter of 2019.
Shares have three buy scores and two retains, with no sells.