Life360 Inc reports results for the quarter ended in June - Earnings Summary

Life360

08/08/2024 22:37

* Life360 Inc  LIF.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in June.  The mean
expectation of four analysts for the quarter was for a loss of 9
cents per share. Wall Street expected results to range from -14
cents to -6 cents per share.
    * Revenue was $84.86 million​; analysts expected $85.03
million. 
    * Life360 Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $10.96 million.
    * Life360 Inc shares had fallen by 10.5% this quarter.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for Life360 Inc is
$37.00 
This summary was machine generated from LSEG data August 8 at
09:36 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.09          -0.15          Missed