Lovesac Co reports results for the quarter ended in July - Earnings Summary

Lovesac Co

08/09/2022 14:31

* Lovesac Co  LOVE.OQ  reported quarterly adjusted earnings
of 45
cents​​ per share for the quarter ended in July. The mean
expectation of six analysts for the quarter was for earnings of
41 cents per share.
    * Revenue rose 45% to $148.53 million from a year ago;
analysts
expected $125.37 million. 
    * Lovesac Co's reported EPS for the quarter was 45 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Lovesac Co shares had risen by 8.7% this quarter and
lost 54.9%
so far this year.
    * The company reported quarterly net income of $7.12
million.
    * Wall Street's median 12-month price target for Lovesac Co
is
$92.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
8 at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      0.41           0.45           Beat
 Apr. 30 2022      -0.21          0.12           Beat
 Jan. 31 2022      0.54           2.03           Beat
 Oct. 31 2021      -0.41          0.17           Beat