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

Lovesac Co

07/12/2022 14:31

* Lovesac Co  LOVE.OQ  reported a quarterly adjusted loss
of 55
cents​​ per share for the quarter ended in October. The mean
expectation of six analysts for the quarter was for a loss of 76
cents per share.
    * Revenue rose 15.5% to $134.78 million from a year ago;
analysts
expected $134.46 million. 
    * Lovesac Co's reported EPS for the quarter was a loss of 55
cents​.
    * The mean earnings estimate of analysts had fallen by
about 239.3% 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 10.4% this quarter and
lost 66.1%
so far this year.
    * The company reported a quarterly loss of $8.42 million.
    * Wall Street's median 12-month price target for Lovesac Co
is
$66.00 
    * 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 December
7 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      -0.76          -0.55          Beat
 Jul. 31 2022      0.41           0.45           Beat
 Apr. 30 2022      -0.21          0.12           Beat
 Jan. 31 2022      0.54           2.03           Beat