Lemonade, Inc. is set to announce its latest quarterly earnings on Tuesday, April 28th, with a consensus estimate EPS of -0.58.
Today, Lemonade, Inc. (LMND) is priced at $64.51, showing a decrease of $1.09 (-1.66%) from the previous close of $65.6. Trading volume is at $357,494, reflecting a 15.16% increase relative to the average.
LMND has experienced a three-day streak of price decline, with a total absolute change of -$1.99 and a percentage change of -2.99%. The streak started at a price of $66.5.
In the previous quarterly earnings report on Wednesday, February 18th, Lemonade, Inc. reported a consensus estimate EPS of -0.41. The latest quarterly revenue and earnings call summary are awaited.
During the period, Lemonade, Inc. saw a net cash increase of $41.3 million. Notable activities include operating cash flow of $20.7 million and common stock issuance of $19.4 million.
LMND reported a net income of -$21.7 million with an EPS of -33 cents. The gross profit stood at $143.6 million, while operating expenses totaled $164.2 million.
Key ratios include a gross profit margin of 62.95%, net profit margin of -9.51%, and price to earnings ratio of -58.89.
Lemonade, Inc. holds total assets of $1.93 billion, with cash and cash equivalents amounting to $396.8 million and total debt at $189.3 million.
This report provides insights into LMND's financial performance, upcoming earnings, and market behavior.
Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.