Life360 Inc reports results for the quarter ended September 30 - Earnings Summary

Life360

13/11/2024 14:17

* Life360 Inc  LIF.OQ  reported quarterly adjusted earnings
of 3
cents​​ per share for the quarter ended September 30.  The mean
expectation of five analysts for the quarter was for a loss of 6
cents per share. Wall Street expected results to range from -10
cents to -1 cents per share.
    * Revenue was $92.87 million​; analysts expected $98.19
million. 
    * Life360 Inc's reported EPS for the quarter was 9 cents​.
    * The company reported quarterly net income of $7.69
million.
    * Life360 Inc shares had risen by 22.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * 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," 1
"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
$46.50 
This summary was machine generated from LSEG data November 13 at
02:17 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
 Sep. 30 2024      -0.06          0.03           Beat
 Jun. 30 2024      -0.09          -0.15          Missed