How did EVER's Q4 earnings surprise investors?

EverQuote's (EVER) Q4 earnings report exceeded investor expectations in several key financial metrics, leading to a notable positive surprise:

1. **Revenue Surpass**: EverQuote reported a total revenue of $147.5 million for Q4, surpassing the estimated $133.84 million. This marked a significant year-over-year increase of 165%, demonstrating robust growth in their insurance marketplace.
2. **Earnings Per Share (EPS) Beat Expectations**: The company's EPS for Q4 was $0.33, which significantly outpaced the estimated EPS of $0.20. This indicated strong profitability and operational efficiency.
3. **Net Income Turnaround**: EverQuote reported a net income of $12.3 million for Q4, a stark improvement from a net loss of $6.3 million in the same period the previous year. This turnaround underscored effective management and market positioning.
4. **Stock Surge Post-Earnings**: Following the earnings release, EverQuote's stock experienced a substantial surge, reflecting investor confidence in the company's performance and future prospects.

Overall, EverQuote's Q4 earnings showcased impressive growth, profitability, and operational excellence, contributing to a positive earnings surprise and heightened investor optimism.