Lemonade Inc reports results for the quarter ended December 31 - Earnings Summary

• Lemonade Inc LMND.N reported a quarterly adjusted loss of 42 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -61 cents. The mean expectation of ten analysts for the quarter was for a loss of 60 cents per share. Wall Street expected results to range from -66 cents to -54 cents per share.

• Revenue rose 28.8% to $148.80 million from a year ago; analysts expected $144.93 million.

• Lemonade Inc's reported EPS for the quarter was a loss of 42 cents​.

• The company reported a quarterly loss of $30 million.

• Lemonade Inc shares had fallen by 5.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.8% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the property & casualty insurance peer group is also "hold"

Wall Street's median 12-month price target for Lemonade Inc is $21.00

This summary was machine generated from LSEG data February 25 at 11:26 p.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)