Shares of SelectQuote Are Crashing After Its Latest Earnings Report

SelectQuote reported earnings for its fourth fiscal quarter of 2024 earlier today. Shares of insurance company SelectQuote (SLQT -36.83%) crashed after the company on Friday morning reported earnings for the fourth quarter of fiscal year 2024 ending June 30. The stock was down 37% at noon. SelectQuote reported a net loss of $31 million, which missed the analyst estimate by roughly 31%, according to Visible Alpha. However, keep in mind there was only one analyst with estimates. Earnings miss the estimate Des ...