** Shares of insurance agency Goosehead Insurance GSHD.O rise as much as 20.7%, hitting their highest since 2021
** Stock last up 18.4% at $125.06
** GSHD late Monday posted Q4 adjusted EPS of 79 cents/shr, beating Wall Street expectations of 40 cents, according to estimates compiled by LSEG
** Q4 revenue jumped 49% to $93.9 million, driven by strong growth in commissions and agency fees
** Truist analyst Mark Hughes says the beat was driven by a huge jump in contingent commissions, an important swing factor for GSHD earnings
** Citizens JMP Securities analyst Matthew Carletti says GSHD is well positioned to continue to drive high levels of growth given it has a better business model than peers and a very small market share
** As of last close, GSHD stock up 4.1% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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