September 19, 2024
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Earnings Surprise: Lemonade Crushes Expectations and Soars past Revenue Forecasts!

Earnings Surprise: Lemonade Crushes Expectations and Soars past Revenue Forecasts!

Are you curious about Lemonade’s recent financial performance? Dive into the details of their second-quarter earnings report below.

  • Lemonade reported a second-quarter EPS of $-0.81, surpassing the analyst estimate of $-0.88 by $0.07. The company generated $122 million in revenue for the quarter, slightly exceeding the consensus estimate of $121.77 million.

  • Despite the ups and downs in Lemonade’s stock price, which closed at $22.63, the company has seen a significant 30.21% increase in the last three months. However, over the past year, the stock price has experienced a slight decline of -2.67%.

  • Over the last 90 days, Lemonade observed 0 positive EPS revisions and 1 negative EPS revision. To explore how Lemonade’s stock price has reacted to earnings in the past, refer to their historical data.

  • Evaluating Lemonade’s financial health, InvestingPro rates it as having “fair performance.” For a comprehensive analysis of Lemonade’s financial standing, refer to their financials.

Keep track of upcoming earnings reports, including those from Lemonade, by referring to Investing.com’s earnings calendar. Stay informed and make informed investment decisions.

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