Lulu's Fashion Lounge Holdings Inc reports results for the quarter ended in March - Earnings Summary

Lulus Fashion Lounge Holdings

09/05/2023 23:21

* Lulu's Fashion Lounge Holdings Inc  LVLU.OQ  reported a
quarterly adjusted loss of 14 cents​​ per share for the quarter
ended in March. The mean expectation of eight analysts for the
quarter was for a loss of 7 cents per share.
    * Revenue fell 18.7% to $90.98 million from a year ago;
analysts
expected $93.90 million. 
    * Lulu's Fashion Lounge Holdings Inc's reported EPS for the
quarter was a loss of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 338.1% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Lulu's Fashion Lounge Holdings Inc shares had risen
by 10.9%
this quarter and gained 5.2% so far this year.
    * The company reported a quarterly loss of $5.62 million.
    * Wall Street's median 12-month price target for Lulu's
Fashion
Lounge Holdings Inc is $3.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:21 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.07          -0.14          Missed
 Dec. 31 2022      -0.11          -0.14          Missed
 Sep. 30 2022      0.09           0.02           Missed
 Jun. 30 2022      0.16           0.15           Missed