Exzeo Group (NYSE:XZO) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Exzeo Group (NYSE:XZO) issued its quarterly earnings results on Wednesday. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01, FiscalAI reports. The business had revenue of $53.89 million for the quarter. Exzeo Group had a net margin of 39.14% and a return on equity of 38.77%.

Here are the key takeaways from Exzeo Group’s conference call:

• Exzeo reported third-quarter pre-tax income of about $30 million, EPS of $0.25 and an adjusted EBITDA margin above 51%, all within guidance. Total revenue was flat year over year at $55 million, while adjusted revenue excluding catastrophe-driven outsourced claims services rose to $54 million from $52 million.
• Managed Premium grew to about $1.4 billion from $1.2 billion a year earlier, and Annual Recurring Revenue increased to $206 million from $192 million in the prior quarter. The company expects Managed Premium to be approximately $1.34 billion at year-end, citing normal seasonality.
• Management sees new carrier offerings as a growth opportunity, pointing to its Exzeo HO3 product, which generated more than $40 million in premiums under management in just over six months. It is considering several additional offerings and expanding into auto, flood and liability, though timing and scale remain uncertain.
• Exzeo ended the quarter with more than $350 million in invested assets, no debt and $298 million in shareholders’ equity, up 17% from year-end 2025. It repurchased more than 1.1 million shares for about $17 million year to date and said it expects to remain cash-flow positive while investing in new initiatives.

Exzeo Group Price Performance

Shares of XZO traded down $2.14 during mid-day trading on Thursday, reaching $17.19. The stock had a trading volume of 593,767 shares, compared to its average volume of 231,473. The business’s fifty day moving average is $16.31 and its 200 day moving average is $15.98. The firm has a market cap of $1.55 billion and a price-to-earnings ratio of 17.54. Exzeo Group has a 52-week low of $12.36 and a 52-week high of $24.60.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of XZO. Renaissance Technologies LLC purchased a new stake in shares of Exzeo Group in the 1st quarter valued at about $2,459,000. Whetstone Capital Advisors LLC increased its position in Exzeo Group by 31.6% during the 2nd quarter. Whetstone Capital Advisors LLC now owns 541,544 shares of the company’s stock worth $9,136,000 after purchasing an additional 130,191 shares during the period. Janus Henderson Group PLC raised its position in Exzeo Group by 13.8% in the first quarter. Janus Henderson Group PLC now owns 703,304 shares of the company’s stock worth $10,317,000 after acquiring an additional 85,126 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Exzeo Group in the first quarter valued at about $678,000. Finally, Keybank National Association OH purchased a new stake in shares of Exzeo Group during the 3rd quarter worth approximately $425,000.

Analyst Upgrades and Downgrades

XZO has been the topic of a number of analyst reports. Truist Financial reaffirmed a “buy” rating and set a $24.00 target price (down from $25.00) on shares of Exzeo Group in a research note on Tuesday. Zacks Research upgraded Exzeo Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 6th. Finally, Weiss Ratings upgraded shares of Exzeo Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.50.

About Exzeo Group

Exzeo provides turnkey insurance technology and operations solutions to insurance carriers and their agents based on a proprietary platform of purpose-built software and data analytics applications that are specifically designed for the property and casualty, or P&C, insurance ecosystem. Exzeo’s Insurance-as-a-Service (IaaS) platform, which we refer to as the “Exzeo Platform,” currently includes nine highly configurable software and data analytics applications that are purpose-built to serve insurance companies and other customers in the insurance value chain.