Lovesac Co expected to post a loss of 35 cents a share - Earnings Preview

• Lovesac Co LOVE.OQ LOVE.O is expected to show a rise in quarterly revenue when it reports results on December 4 (estimated) for the period ending October 31 2024

• The Stamford Connecticut-based company is expected to report a 0.8% increase in revenue to $155.264 million from $154.04 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.The company's guidance on September 12 2024, for the period ended October 31, was for revenue between $152.00 million and $160.00 million.

• ​LSEG's mean analyst estimate for Lovesac Co is for a loss of 35 cents per share. The company's EPS guidance on September 12 2024, for the period ended October 31, was between $-0.50 and $-0.28

• The current average analyst rating on the shares is "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 $35.00​, below​ its last closing price of $37.72. ​​​

The company's guidance on September 12 2024 for the period ended October 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 152 million and 1 million $(USD)$.The company's guidance on September 12 2024 for the period ended October 31 was for gross profit margin of USD58%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated December 2 at 13:32 GMT. 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)