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

reuters11-14
Lulu's Fashion Lounge Holdings Inc reports results for the quarter - Earnings Summary
  • Lulu's Fashion Lounge Holdings Inc LVLU.OQ reported a quarterly adjusted loss of 15 cents​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of four analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -14 cents to -1 cents per share.

  • Revenue fell 3.1% to $80.52 million from a year ago; analysts expected $76.28 million.

  • Lulu's Fashion Lounge Holdings Inc's reported EPS for the quarter was a loss of 16 cents​.

  • The company reported a quarterly loss of $6.88 million.

  • Lulu's Fashion Lounge Holdings Inc shares had risen by 6.2% this quarter and lost 8.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $1.47

This summary was machine generated from LSEG data November 14 at 04:10 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

Sep. 30 2024

-0.08

-0.15

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

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