Lemonade (NYSE:LMND – Get Free Report) is scheduled to release its earnings data after the market closes on Tuesday, April 30th. Analysts expect Lemonade to post earnings of ($0.82) per share for the quarter. Lemonade has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.
Lemonade (NYSE:LMND – Get Free Report) last posted its earnings results on Tuesday, February 27th. The company reported ($0.61) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.79) by $0.18. The firm had revenue of $115.50 million during the quarter, compared to analyst estimates of $111.71 million. Lemonade had a negative net margin of 55.12% and a negative return on equity of 31.29%. Lemonade’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.93) earnings per share. On average, analysts expect Lemonade to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.
Lemonade Trading Up 1.6 %
NYSE:LMND opened at $17.95 on Friday. Lemonade has a twelve month low of $10.27 and a twelve month high of $24.81. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -5.26 and a beta of 1.89. The stock has a fifty day simple moving average of $16.85 and a 200-day simple moving average of $16.27.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on LMND
Insider Activity
In other Lemonade news, CFO Timothy E. Bixby bought 10,000 shares of the stock in a transaction that occurred on Wednesday, March 6th. The shares were purchased at an average cost of $16.54 per share, for a total transaction of $165,400.00. Following the transaction, the chief financial officer now directly owns 10,000 shares in the company, valued at $165,400. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 11.70% of the company’s stock.
Lemonade Company Profile
Lemonade, Inc provides various insurance products through various channels in the United States, Europe, and the United Kingdom. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property.
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