(Updates with the latest stock movement in the first paragraph and headline.)
Ethos (LIFE) shares were up roughly 27% in Tuesday trading after the company reported higher Q2 results and announced a plan to buy back shares worth $100 million.
The company reported Monday fiscal Q2 adjusted earnings of $0.53 per diluted share, up from $0.32 a year earlier.
Four analysts polled by FactSet expected $0.33.
Revenue for the quarter ended June 30 was $189.6 million, up from $88.8 million a year ago.
Analysts expected $117.3 million.
The company expects Q3 revenue of $160 million to $164 million. Analysts expect $120 million.
For the full fiscal year 2026, Ethos now expects total revenue of $727 million to $731 million. Analysts expect $564.9 million.
Ethos also announced that its board authorized a share repurchase program of up to $100 million of its outstanding Class A common stock.
Price: $28.90, Change: $+6.07, Percent Change: +26.59%