Lemonade (NYSE:LMND) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:32 PM.
Here’s what investors need to know about the announcement.
Earnings
Lemonade beat estimated earnings by 15.93%, reporting an EPS of $-0.95 versus an estimate of $-1.13.
Revenue was up $50.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.27 which was followed by a 3.17% increase in the share price the next day.
Here’s a look at Lemonade’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.20 | -1.32 | -1.32 | -1.43 |
| EPS Actual | -0.93 | -1.37 | -1.10 | -1.21 |
| Revenue Estimate | 78.26M | 64.64M | 47.70M | 43.21M |
| Revenue Actual | 88.40M | 74.00M | 50.00M | 44.30M |
To track all earnings releases for Lemonade visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
