Lemonade (NYSE: LMND) has announced that it will be releasing its financial results for the third quarter of 2024 on Wednesday 30th October 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
Financial experts on Wall Street anticipate that the organization is set to announce an estimated $1.03 loss per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $129.16 million for this specific period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $514.47 million. Additionally, they are expecting the company to report loss of $3.04 per share for the full year 2024.
The earnings report for the corresponding quarter in the previous year showcased a per-share loss of $0.88. This considerable sum was attributed to the company's total revenue, which reached an impressive $114.5 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.81 | +16.5% | 122.00 M | +16.6% |
| Q1 2024 | $-0.67 | +29.5% | 119.10 M | +25.1% |
| Q4 2023 | $-0.61 | +34.4% | 115.50 M | +30.7% |
| Q3 2023 | $-0.88 | +35.8% | 114.50 M | +54.7% |
| Q2 2023 | $-0.97 | +11.8% | 104.60 M | +109.2% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 31st October 2024 at 08:00 AM eastern time, in a conference call with public.
Lemonade (LMND) shares traded as low as $18.53 and as high as $19.11 on a day volume of 995.10 thousand shares, closed Monday's regular trading session at $18.64, a rise of 1.14 percent.
