Lovesac Co expected to post a loss of 30 cents a share - Earnings Preview

Lovesac Co

04/12/2023 13:35

* Lovesac Co  LOVE.OQ   LOVE.O  is expected to show a rise
in
quarterly revenue when it reports  results  for the period
ending July 31 2023
    * The Stamford Connecticut-based  company is expected to
report a
14.1% increase in revenue to $153.81 million from $134.78
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Lovesac Co is for a loss
of 30
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "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 Lovesac Co
is
$44.50​, above​ its last closing price of $21.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  -0.11       -0.13      -0.04     Beat    70.1
 Apr. 30 2023  -0.40       -0.42      -0.28     Beat    34.1
 Jan. 31 2023  1.72        1.73       1.74      Beat    0.9​
 Oct. 31 2022  -0.76       -0.76      -0.55     Beat    27.3
 ​​Jul.        0.41        0.41       0.45      Beat    8.9
 31 2022                                                
 Apr. 30 2022  -0.21       -0.21      0.12      Beat    157.6​
 Jan. 31 2022  0.54        0.54       2.03      Beat    277.1
 Oct. 31 2021  -0.41       -0.41      0.17      Beat    141.5
 This summary was machine generated December 4 at 13:35 GMT.  All
figures in US dollars unless otherwise stated