Lulu's Fashion Lounge Holdings Inc reports results for the quarter ended in March - Earnings Summary
09/05/2024 20:58
* Lulu's Fashion Lounge Holdings Inc LVLU.OQ reported a
quarterly adjusted loss of 15 cents per share for the quarter
ended in March, 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 6 cents per
share. Wall Street expected results to range from -7 cents to -3
cents per share.
* Revenue fell 15.1% to $77.26 million from a year ago;
analysts
expected $83.37 million.
* Lulu's Fashion Lounge Holdings Inc's reported EPS for the
quarter was a loss of 15 cents.
* The company reported a quarterly loss of $5.74 million.
* Lulu's Fashion Lounge Holdings Inc shares had risen
by 9.3% this
quarter and lost 17.7% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 43.7%
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 $1.75
This summary was machine generated from LSEG data May 9 at 07:57
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
Mar. 31 2024 -0.06 -0.15 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