Lemonade (LMND) Expected to Announce Earnings on Tuesday

Lemonade (NYSE:LMND - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Lemonade to post earnings of ($0.95) per share and revenue of $144.98 million for the quarter. Lemonade has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Lemonade (NYSE:LMND - Get Free Report) last posted its earnings results on Tuesday, February 25th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.61) by $0.19. The business had revenue of $148.80 million for the quarter, compared to analysts' expectations of $144.78 million. Lemonade had a negative net margin of 43.51% and a negative return on equity of 32.85%. On average, analysts expect Lemonade to post $-3 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Lemonade Trading Up 0.5 %

Shares of Lemonade stock traded up $0.16 on Friday, hitting $29.54. 1,098,432 shares of the company traded hands, compared to its average volume of 1,925,695. The firm's 50-day simple moving average is $31.83 and its 200 day simple moving average is $33.53. The company has a market cap of $2.15 billion, a P/E ratio of -9.72 and a beta of 2.13. Lemonade has a 12-month low of $14.03 and a 12-month high of $53.85.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LMND. Morgan Stanley cut shares of Lemonade from an "equal weight" rating to an "underweight" rating and lowered their price objective for the company from $35.00 to $24.00 in a research report on Tuesday, April 8th. Keefe, Bruyette & Woods lowered their price objective on shares of Lemonade from $25.00 to $22.00 and set an "underperform" rating on the stock in a research report on Tuesday, April 22nd. Finally, Piper Sandler lowered their price objective on shares of Lemonade from $44.00 to $34.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 26th. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $28.17.

Insider Activity at Lemonade

In other Lemonade news, major shareholder Softbank Group Capital Ltd sold 42,160 shares of the firm's stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $37.22, for a total value of $1,569,195.20. Following the sale, the insider now owns 10,452,476 shares of the company's stock, valued at $389,041,156.72. This trade represents a 0.40 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider John Sheldon Peters sold 1,899 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $33.79, for a total transaction of $64,167.21. Following the completion of the sale, the insider now directly owns 87,609 shares in the company, valued at approximately $2,960,308.11. This trade represents a 2.12 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 248,634 shares of company stock valued at $9,219,003. Insiders own 12.50% of the company's stock.

Lemonade Company Profile

Lemonade, Inc provides various insurance products through various channels in the United States, Europe, and the United Kingdom. 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.