Lemonade Q2 2024 GAAP EPS $(0.81) Beats $(0.86) Estimate, Sales $122.000M Beat $121.771M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lemonade (NYSE:LMND) reported Q2 2024 GAAP EPS of $(0.81), beating the estimate of $(0.86). Sales were $122 million, surpassing the $121.771 million estimate and showing a 16.63% increase from last year.
July 30, 2024 | 8:34 pm
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Lemonade (NYSE:LMND) reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.81) beating the $(0.86) estimate and sales of $122 million surpassing the $121.771 million estimate. Sales increased by 16.63% YoY.
Lemonade's better-than-expected earnings and revenue growth indicate positive financial performance, likely boosting investor confidence and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100