Lulu's Fashion Lounge Holdings Inc reports results for the quarter ended in June - Earnings Summary
15/08/2024 07:17
* Lulu's Fashion Lounge Holdings Inc LVLU.OQ reported a
quarterly adjusted loss of 25 cents per share for the quarter
ended in June, lower than the same quarter last year, when the
company reported EPS of -7 cents. The mean expectation of
four analysts for the quarter was for a loss of 4 cents per
share. Wall Street expected results to range from -10 cents
to 10 cents per share.
* Revenue fell 13.3% to $91.97 million from a year ago;
analysts
expected $96.46 million.
* Lulu's Fashion Lounge Holdings Inc's reported EPS for the
quarter was a loss of 26 cents.
* The company reported a quarterly loss of $10.8 million.
* Lulu's Fashion Lounge Holdings Inc shares had fallen
by 33.5%
this quarter and lost 33.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 165.4% in the last three months.
* In the last 30 days, three analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"
Wall Street's median 12-month price target for Lulu's Fashion
Lounge Holdings Inc is $1.75
This summary was machine generated from LSEG data August 15 at
06:17 a.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 -0.04 -0.25 Missed
Mar. 31 2024 -0.06 -0.15 Missed
Dec. 31 2023 -0.10 -0.18 Missed
Sep. 30 2023 -0.06 -0.01 Beat