EverQuote, Inc. EVER reported adjusted net loss of 12 cents per share for third-quarter 2020, wider than the Zacks Consensus Estimate of a loss of 5 cents per share. In the year-ago quarter, operating income was 1 cent per share.EverQuote witnessed increased revenues from automotive insurance and other insurance verticals in the reported quarter, offset by higher expenses.EverQuote, Inc. Price, Consensus and EPS Surprise EverQuote, Inc. price-consensus-eps-surprise-chart | EverQuote, Inc. QuoteBehind the HeadlinesTotal revenues improved 34.1% year over year to $89.9 million, driven by the solid performance of automotive insurance vertical and other verticals.Moreover, the top line beat the Zacks Consensus Estimate by 5.8%.Variable marketing margin grew 41% year over year to $29.4 million.Revenues from automotive insurance vertical increased 30% year over year to $74.8 million.Revenues from other insurance verticals, which include home and renters, life, health and commercial insurance, increased 55% from the year-ago period to $15.2 million.Total costs and operating expenses increased 38.8% to $93.3 million mainly due to higher cost of revenues, sales and marketing, research and development, and general and administrative expenses.Adjusted EBITDA increased 34.9% year over year to $5.2 million.Financial UpdateAs of Sep 30, 2020, EverQuote had assets worth $116.2 million, up 27.4% from the level at 2019 end.Cash and cash equivalents declined 0.4% from the 2019-end level to $45.9 million.Shareholder equity at the end of the reported quarter increased 29.8% from the 2019-end to $67.2 million.EverQuote’s cash flow from operations increased 39.4% year over year to $6 million.Q4 GuidanceRevenues are anticipated to be $90.4-$92.4 million.Variable marketing margin is projected to be $29.3-$30.3 million.Adjusted EBITDA is expected to be $4-$5 million.2020 GuidanceRevenues are anticipated to be in the range of $340-$342 million, up from the previously mentioned $331-$336 million.Variable marketing margin is projected to be $106-$107 million, up from the previously guided range of $101-$104.5 million.Adjusted EBITDA is expected to be $17-$18 million, higher than $15-$17.5 million guided previously.Zacks RankEverQuote currently carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1Rank (Strong Buy) stocks here.Performance of Other InsurersThird-quarter earnings of CNA Financial CNA, Assurant AIZ, Markel MKL beat the respective Zacks Consensus Estimate.Legal Marijuana: An Investor’s DreamImagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CNA Financial Corporation (CNA): Free Stock Analysis Report Assurant, Inc. (AIZ): Free Stock Analysis Report Markel Corporation (MKL): Free Stock Analysis Report EverQuote, Inc. (EVER): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research