Life360 Inc reports results for the quarter ended March 31 - Earnings Summary

• Life360 Inc LIF.OQ reported quarterly adjusted earnings of 5 cents​​ per share for the quarter ended March 31. The mean expectation of five analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -22 cents to -2 cents per share.

• Revenue was $103.62 million​; analysts expected $101.63 million.

• Life360 Inc's reported EPS for the quarter was 5 cents​.

• The company reported quarterly net income of $4.38 million.

• Life360 Inc shares had risen by 19.1% this quarter and gained 10.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 860% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"

• Wall Street's median 12-month price target for Life360 Inc is $55.00

This summary was machine generated from LSEG data May 12 at 11:30 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)