Lemonade Inc reports results for the quarter ended in June - Earnings Summary

LEMONADE

03/08/2023 08:12

* Lemonade Inc  LMND.N  reported a quarterly adjusted loss
of 97
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for a loss of
$1.03 per share.
    * Revenue rose 109.2% to $104.60 million from a year ago;
analysts
expected $97.53 million. 
    * Lemonade Inc's reported EPS for the quarter was a loss
of 97
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Lemonade Inc shares had risen by 31.0% this quarter and
gained 61.3% so far this year.
    * The company reported a quarterly loss of $67.2 million.
    * Wall Street's median 12-month price target for Lemonade
Inc is
$17.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 4 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 07:12 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.03          -0.97          Beat
 Mar. 31 2023      -1.13          -0.95          Beat
 Dec. 31 2022      -1.20          -0.93          Beat
 Sep. 30 2022      -1.32          -1.37          Missed