Lovesac (LOVE) Earnings Date, Estimates & Call Transcripts

$22.43
+0.39 (+1.77%)
(As of 04/24/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jun. 5Estimated
Actual EPS
(Apr. 11)
$1.87 Missed By -$0.06
Consensus EPS
(Apr. 11)
$1.93
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LOVE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LOVE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Lovesac Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241($0.37)($0.37)($0.37) - $0.37 - - $0.36
Q2 20241$0.14$0.14$0.14 - $0.16 - - $0.12
Q3 20241$0.03$0.03$0.03 
Q4 20241$1.86$1.86$1.861.770 - 2.020
FY 20244$1.66$1.66$1.66 
Q1 20251($0.24)($0.24)($0.24) - 1.030 - - 0.840
Q3 20251($0.11)($0.11)($0.11) 
Q4 20251$2.19$2.19$2.19 

LOVE Earnings Date and Information

Lovesac last released its earnings results on April 11th, 2024. The reported $1.87 EPS for the quarter, missing the consensus estimate of $1.93 by $0.06. The company had revenue of $250 million for the quarter, compared to the consensus estimate of $265.35 million. Its revenue for the quarter was up 4.8% on a year-over-year basis. Lovesac has generated $1.40 earnings per share over the last year ($1.40 diluted earnings per share) and currently has a price-to-earnings ratio of 16.0. Earnings for Lovesac are expected to grow by 103.08% in the coming year, from $1.30 to $2.64 per share. Lovesac has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, June 5th, 2024 based off prior year's report dates.

Lovesac Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
6/5/2024
Estimated)
------- 
4/11/2024Q4 2024$1.93$1.87($0.06)$1.87$265.35 million$250.00 million    
12/6/2023Q4 2023($0.31)($0.15)+$0.16($0.15)$153.80 million$154.00 million    
11/3/2023Q2 2024-($0.04)($0.04)($0.04)-$154.53 million
6/7/2023Q1 2024($0.39)($0.28)+$0.11($0.28)$133.73 million$141.20 million    
3/28/2023Q4 2023$1.75$1.74($0.01)$1.74$219.13 million$238.80 million    
12/7/2022Q3 2023($0.73)($0.55)+$0.18($0.55)$134.80 million$134.78 million
9/8/2022Q2 2023$0.37$0.45+$0.08$0.45$130.51 million$148.50 million    
6/8/2022Q1 2023($0.20)$0.12+$0.32$0.12$114.81 million$129.40 million    
3/29/2022Q4 2022$0.54$1.01+$0.47($0.01)$174.34 million$196.20 million    
12/8/2021Q3($0.40)$0.17+$0.57$0.17$112.19 million$116.80 million    
9/8/2021Q3 2021($0.11)$0.52+$0.63$0.52$90.97 million$102.40 million    
6/8/2021Q2 2021($0.58)$0.13+$0.71$0.13$75.06 million$82.90 million  

Lovesac Earnings - Frequently Asked Questions

When is Lovesac's earnings date?

Lovesac has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, June 5th, 2024 based off last year's report dates. Learn more on LOVE's earnings history.

Did Lovesac beat their earnings estimates last quarter?

In the previous quarter, Lovesac (NASDAQ:LOVE) missed the analysts' consensus estimate of $1.93 by $0.06 with a reported earnings per share (EPS) of $1.87. Learn more on analysts' earnings estimate vs. LOVE's actual earnings.

How can I listen to Lovesac's earnings conference call?

The conference call for Lovesac's latest earnings report can be listened to online. Listen to Conference Call

How can I read Lovesac's conference call transcript?

The conference call transcript for Lovesac's latest earnings report can be read online. Read Transcript

How much revenue does Lovesac generate each year?

Lovesac (NASDAQ:LOVE) has a recorded annual revenue of $700.27 million.

How much profit does Lovesac generate each year?

Lovesac (NASDAQ:LOVE) has a recorded net income of $23.86 million. LOVE has generated $1.40 earnings per share over the last four quarters.

What is Lovesac's price-to-earnings ratio?

Lovesac (NASDAQ:LOVE) has a trailing price-to-earnings ratio of 16.02 and a forward price-to-earnings ratio of 17.25. The price/earnings-to-growth ratio is 0.48.

What is Lovesac's EPS forecast for next year?

Lovesac's earnings are expected to grow from $1.30 per share to $2.64 per share in the next year, which is a 103.08% increase.


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This page (NASDAQ:LOVE) was last updated on 4/25/2024 by MarketBeat.com Staff

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