Neptune Insurance ($NP) beats Q2 EPS and revenue estimates; Posts Revenue growth YoY

Neptune Insurance (NP) announced stronger second quarter results on Tuesday after market close, driven by year-over-year growth and better-than-expected financial performance.

Quarterly results reflected adjusted earnings of $0.15 per share, compared with analyst expectations of earnings of $0.14 per share, while showing year-over-year growth of 36.4 percent.

The enterprise posted quarterly sales of $55.87 million for the latest quarter, surpassing Wall Street estimates of $52.25 million while rising 32.8% from the prior-year period.

Offering its forward outlook, Neptune Insurance forecast revenue expectations for the fiscal year 2026 in the range of $199.00 million, versus analyst estimates of $196.97 million.

After-hours, shares of Neptune Insurance rose 6.26% to reach $32.24. During the regular trading session, the stock closed at $30.34, marking an absolute price change of $1.90. The stock has a 52-week low of $14.78 and high of $34.61.