How did RDZN's Q3 2024 EPS surprise investors?

Roadzen's Q3 2024 EPS did not meet investor expectations.

1. Analyst Estimates and Actual EPS: Analysts had estimated an EPS of -35 cents for Q1 2025, but Roadzen reported an EPS of -46 cents.
2. Revenue Comparison: The company's revenue for Q1 2025 was $8.93 million, which was 1.09% less than the analyst estimate of $9.03 million.
3. Overall Financial Performance: Roadzen's full-year 2024 earnings report revealed a net loss of $99.7 million and a loss per share (EPS) of $2.26. Although revenue increased by 245% to $46.7 million, this was still below analyst expectations. The revenue missed analyst estimates by 11%, and the EPS missed by 15%.
4. Stock Performance Despite Earnings Miss: Despite the earnings miss, Roadzen's stock saw a surge, likely due to factors such as strong fiscal performance, Russell index inclusion, and positive market sentiment about its future growth prospects.

In conclusion, Roadzen's Q3 2024 EPS fell short of investor expectations, with the company reporting a higher-than-expected net loss and a lower EPS. This performance was influenced by significant revenue growth, driven by strategic acquisitions and market expansion, which helped offset some of the negative impacts of the earnings miss.