Lovesac Co expected to post earnings of 41  cents a share - Earnings Preview

Lovesac Co

06/09/2022 14:03

* Lovesac Co  LOVE.OQ   LOVE.O  is expected to show a rise
in
quarterly revenue when it reports  results on September 8. 
    * The Stamford Connecticut-based  company is expected to
report  a
22.4% increase in revenue to $125.367 million from $102.45
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lovesac Co is for
earnings of 41 cents per share. For the same quarter last year,
the company reported earnings of 56 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "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
$92.5​, above​ its last closing price of $29.62. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Jul. 31 2021  -0.09       -0.09      0.56      Beat    736.4
 ​​Apr.        -0.58       -0.58      0.13      Beat    122.4
 30 2021                                                
 Jan. 31 2021  0.53        0.58       1.37      Beat    134.5​
 Oct. 31 2020  -0.87       -0.88      0.16      Beat    118.2
 Jul. 31 2020  -0.49       -0.48      -0.08     Beat    83.4
 This summary was machine generated September 6 at 13:03 GMT. 
All figures in US dollars  unless otherwise stated