Lulu's Fashion Lounge Holdings Inc reports results for the quarter ended in June - Earnings Summary

Lulus Fashion Lounge Holdings

09/08/2023 06:06

* Lulu's Fashion Lounge Holdings Inc  LVLU.OQ  reported a
quarterly adjusted loss of 7 cents​​ per share for the quarter
ended in June. The mean expectation of eight analysts for the
quarter was for a loss of 2 cents per share.
    * Revenue fell 19.3% to $106.12 million from a year ago;
analysts
expected $106.80 million. 
    * Lulu's Fashion Lounge Holdings Inc's reported EPS for the
quarter was a loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 132.1% in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates 
    * Lulu's Fashion Lounge Holdings Inc shares had fallen
by 3.2%
this quarter and lost 2.4% so far this year.
    * The company reported a quarterly loss of $2.6 million.
    * Wall Street's median 12-month price target for Lulu's
Fashion
Lounge Holdings Inc is $3.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 05:06 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          -0.07          Missed
 Mar. 31 2023      -0.07          -0.14          Missed
 Dec. 31 2022      -0.11          -0.14          Missed
 Sep. 30 2022      0.09           0.02           Missed