Lemonade Inc expected to post a loss of 60 cents a share - Earnings Preview

LEMONADE

21/02/2025 21:03

* Lemonade Inc  LMND.N   LMND.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 25 for
the period ending December 31 2024
    * The New York City-based  company is expected to report a
25.5% increase in revenue to $144.927 million from $115.5
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on October
31 2024, for the period ended December 31, was for revenue
between $144.00 million and $146.00 million.
    * ​LSEG's mean analyst estimate for Lemonade Inc is for a
loss
of 60 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lemonade
Inc is
$21.00​, below​ its last closing price of $35.21. ​​​

The company's guidance on October 31 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 144 million and -25
million (USD).The company's guidance on October 31 2024 for the
period ended December 31 was for Capital Expenditures of USD3
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -1.02       -1.03      -0.95     Beat    7.5
 Jun. 30 2024  -0.89       -0.88      -0.81     Beat    7.8
 Mar. 31 2024  -0.79       -0.79      -0.67     Beat    15.7​
 Dec. 31 2023  -0.79       -0.80      -0.61     Beat    23.6
 ​​Sep.        -0.94       -0.94      -0.88     Beat    6.8
 30 2023                                                
 Jun. 30 2023  -1.03       -1.03      -0.97     Beat    5.5​
 Mar. 31 2023  -1.13       -1.13      -0.95     Beat    16.2
 Dec. 31 2022  -1.21       -1.20      -0.93     Beat    22.3
 This summary was machine generated February 21 at 21:02 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)