EverQuote, Inc. EVER incurred a net loss of 13 cents per share in first-quarter 2021, in line with the Zacks Consensus Estimate. However, the bottom line was wider than the year-ago quarter’s loss of 5 cents.Higher revenues from automotive insurance and other insurance verticals were offset by higher expenses in the first quarter.EverQuote, Inc. Price, Consensus and EPS Surprise EverQuote, Inc. price-consensus-eps-surprise-chart | EverQuote, Inc. QuoteBehind the HeadlinesTotal revenues of $104 million surpassed the Zacks Consensus Estimate by 2.6%. The top line also increased 28.4% year over year, primarily attributable to a strong performance across the company’s insurance verticals, namely Automotive and Other.Revenues in the Automotive insurance vertical were $84.5 million, up 25% year over year. Also, revenues in the Other insurance vertical totaled $19.3 million, which grew 41% year over year.Total costs and operating expenses increased 29.6% to $107.6 million, mainly due to higher cost of revenues, sales and marketing, research and development, general and administrative expenses.The company’s variable marketing margin expanded 32% year over year in the quarter under review to $31.4 million. Adjusted EBITDA was $4.8 million, up 25.1% year over year.Quote requests increased 4.4% year over year in the quarter under review to $7.7 million.Financial UpdateThe company exited the quarter with cash and cash equivalents of $46.9 million, up 9.4% from the 2020-end level.Total assets were $135.7 million, up 5.1% year over year. Also, total liabilities increased 2.8% to $59.7 million.Total stockholders’ equity was $75.9 million, which improved 7.1% from the level at 2020 end.Cash provided by operating activities was $3.5 million, down 10.4% year over year.Q2 GuidanceFollowing the first-quarter results, the company provided guidance for the second quarter of 2021.EverQuote expects total revenues of $101-$103 million, indicating year-over-year increase of 30% at the mid-point. The company also anticipates variable marketing margin of $31-$32 million, indicating year-over-year increase of 34% at the mid-point. Moreover, adjusted EBITDA is expected to be $5-$6 million, implying year-over-year improvement of 38% at the mid-point.2021 GuidanceThe company expects current-year total revenues in the range of $434-$442 million, indicating year-over-year increase of 26% at the mid-point and an increase from the previous guidance of $430-$440 million. Variable marketing margin is estimated to be $136-$140 million, indicating year-over-year increase of 27% at the mid-point and an increase from the previous guidance of $135-$140 million. Also, adjusted EBITDA is anticipated to be $26-$30 million, implying year-over-year increase of 52% at the mid-point and an increase from the previous guidance of $25-30 million.Stocks to ConsiderEverQuote currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.First-quarter earnings of Cincinnati Financial Corporation CINF, Arthur J. Gallagher & Co. AJG and Everest Re Group, Ltd. RE beat the respective Zacks Consensus Estimate.More Stock News: This Is Bigger than the iPhone!It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>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 Cincinnati Financial Corporation (CINF): Free Stock Analysis Report Everest Re Group, Ltd. (RE): Free Stock Analysis Report Arthur J. Gallagher & Co. (AJG): Free Stock Analysis Report EverQuote, Inc. (EVER): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research