Lovesac Q4 EPS $1.87 Misses $1.92 Estimate, Sales $250.51M Miss $265.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lovesac reported Q4 earnings of $1.87 per share, missing the consensus estimate of $1.92, and sales of $250.51M, below the expected $265.32M. Despite these misses, both earnings and sales showed an increase from the previous year.
April 11, 2024 | 11:01 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Lovesac's Q4 earnings and sales missed analyst estimates but showed growth compared to last year.
Missing both earnings and sales estimates can negatively impact investor sentiment and stock price in the short term, despite the year-over-year growth.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100