Lulu's Fashion Lounge Holdings Inc reports results for the quarter ended in December - Earnings Summary
06/03/2024 22:44
* Lulu's Fashion Lounge Holdings Inc LVLU.OQ reported a
quarterly adjusted loss of 18 cents per share for the quarter
ended in December, lower than the same quarter last year, when
the company reported EPS of -14 cents. The mean expectation of
four analysts for the quarter was for a loss of 10 cents per
share. Wall Street expected results to range from -12 cents
to -8 cents per share.
* Revenue fell 17.6% to $74.96 million from a year ago;
analysts
expected $73.40 million.
* Lulu's Fashion Lounge Holdings Inc's reported EPS for the
quarter was a loss of 18 cents.
* The company reported a quarterly loss of $7.23 million.
* Lulu's Fashion Lounge Holdings Inc shares had risen
by 9.1% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 0.8%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"
Wall Street's median 12-month price target for Lulu's Fashion
Lounge Holdings Inc is $2.00
This summary was machine generated from LSEG data March 6 at
10:43 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
Dec. 31 2023 -0.10 -0.18 Missed
Sep. 30 2023 -0.06 -0.01 Beat
Jun. 30 2023 -0.02 -0.07 Missed
Mar. 31 2023 -0.07 -0.14 Missed