Earnings Preview: Lovesac
Portfolio Pulse from Benzinga Insights
Lovesac (NASDAQ:LOVE) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $-0.13. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. Shares of Lovesac were trading at $17.12 as of November 01, and over the last 52-week period, shares are down 24.83%.
November 02, 2023 | 6:01 pm
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NEUTRAL IMPACT
Lovesac's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, but this has not consistently led to a positive impact on the share price. Over the last year, the stock has declined by 24.83%.
The upcoming earnings report is a significant event for any company and can have a substantial impact on its stock price. In the case of Lovesac, while they have a history of beating EPS estimates, this has not consistently translated into a positive impact on the share price. Given the stock's negative performance over the past year, investors will be closely watching this earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100