Top Wall Street Forecasters Revamp Lovesac Expectations Ahead Of Q1 Earnings
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts have updated their expectations for The Lovesac Company (NASDAQ:LOVE) ahead of its Q1 earnings release. Analysts predict a quarterly loss of 96 cents per share and revenue of $128.07 million. Recent analyst ratings include Buy and Outperform, with price targets ranging from $30 to $36.
June 13, 2024 | 6:41 am
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The Lovesac Company (NASDAQ:LOVE) is expected to report a quarterly loss of 96 cents per share and revenue of $128.07 million for Q1. Recent analyst ratings include Buy and Outperform, with price targets ranging from $30 to $36.
The mixed analyst ratings and the expected quarterly loss suggest a neutral short-term impact on the stock price. While the company has missed previous earnings expectations, the recent positive ratings may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100