Lemonade Inc LMND.N, LMND.K is expected to show a rise in quarterly revenue when it reports results on October 30 for the period ending September 30 2024
The New York City-based company is expected to report a 12.8% increase in revenue to $129.163 million from $114.5 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on July 30 2024, for the period ended September 30, was for revenue between $124.00 million and $126.00 million.
LSEG's mean analyst estimate for Lemonade Inc is for a loss of $1.03 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 3 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Lemonade Inc is 17.50, below its last closing price of $18.64.
The company's guidance on July 30 2024 for the period ended September 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 124 million and -56 million $(USD)$.The company's guidance on July 30 2024 for the period ended September 30 was for Capital Expenditures of USD3 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | -0.89 | -0.88 | -0.81 | Beat | 7.8 |
Mar. 31 2024 | -0.79 | -0.79 | -0.67 | Beat | 15.7 |
Dec. 31 2023 | -0.79 | -0.80 | -0.61 | Beat | 23.6 |
Sep. 30 2023 | -0.94 | -0.94 | -0.88 | Beat | 6.8 |
Jun. 30 2023 | -1.03 | -1.03 | -0.97 | Beat | 5.5 |
Mar. 31 2023 | -1.13 | -1.13 | -0.95 | Beat | 16.2 |
Jan. 1 0001 | -1.21 | -1.20 | -0.93 | Beat | 22.3 |
Jan. 1 0001 | -1.28 | -1.32 | -1.37 | Missed | -4.1 |
This summary was machine generated October 29 at 02:58 GMT. 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)
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