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Stock impact report

Why Lemonade (LMND) Outpaced the Stock Market Today [Yahoo! Finance]

Lemonade, Inc. (LMND) 
Company Research Source: Yahoo! Finance
The stock outpaced the S&P 500's daily gain of 0.04%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.28%. Heading into today, shares of the company had gained 6.18% over the past month, outpacing the Finance sector's gain of 3.66% and the S&P 500's gain of 5.01% in that time. The upcoming earnings release of Lemonade will be of great interest to investors. The company's earnings report is expected on February 27, 2024. The company is predicted to post an EPS of -$0.79, indicating a 15.05% growth compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $113.1 million, showing a 27.94% escalation compared to the year-ago quarter. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Lemonade. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a si Show less Read more
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