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Stock impact report

Lemonade (LMND) Falls More Steeply Than Broader Market: What Investors Need to Know [Yahoo! Finance]

Lemonade, Inc. (LMND) 
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a loss of 0.48% for the day. On the other hand, the Dow registered a loss of 0.37%, and the technology-centric Nasdaq decreased by 0.82%. Prior to today's trading, shares of the company had gained 12.56% over the past month. This has outpaced the Finance sector's gain of 3.8% and the S&P 500's gain of 5.3% in that time. The investment community will be closely monitoring the performance of Lemonade in its forthcoming earnings report. The company is scheduled to release its earnings on February 27, 2024. The company is forecasted to report an EPS of -$0.79, showcasing a 15.05% upward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $113.1 million, indicating a 27.94% upward movement from the same quarter last year. It is also important to note the recent changes to analyst estimates for Lemonade. Such recent modifications usually signify the cha Show less Read more
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