Lulus Fashion Lounge: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Lulus Fashion Lounge (NASDAQ:LVLU) reported Q4 earnings with an EPS of $-0.18, missing estimates by -80.0% and experiencing a revenue decline of $16.00 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, notably leading to a 10.0% share price drop after last quarter's earnings miss.
March 06, 2024 | 9:10 pm
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Lulus Fashion Lounge reported significantly lower Q4 earnings than expected, with an EPS of $-0.18, missing estimates by -80%, and a notable year-over-year revenue decline.
Given the substantial miss in earnings expectations and the historical context of share price dropping 10% following last quarter's earnings miss, it's likely that LVLU's share price will experience short-term negative pressure. The consistent pattern of missing EPS estimates and the significant revenue decline from the previous year further support this outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100