For the quarter ended September 2024, Lemonade (LMND) reported income of $136.6 million, up 19.3% over the identical interval final 12 months. EPS got here in at -$0.95, in comparison with -$0.88 within the year-ago quarter.
The reported income represents a shock of +7.54% over the Zacks Consensus Estimate of $127.02 million. With the consensus EPS estimate being -$1.02, the EPS shock was +6.86%.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s value efficiency.
Right here is how Lemonade carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- In pressure premium (finish of interval): $889.10 million versus $878.55 million estimated by 5 analysts on common.
- Internet loss ratio: 81% in comparison with the 80.7% common estimate based mostly on 4 analysts.
- Gross loss ratio: 73% versus the four-analyst common estimate of 81.3%.
- Premium per Buyer (finish of interval): $384 versus the four-analyst common estimate of $390.92.
- Clients (finish of interval): 2,313,113 in comparison with the two,249,386 common estimate based mostly on 4 analysts.
- Internet earned premium: $95.70 million versus $95.10 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +10.5% change.
- Fee revenue: $8 million versus the five-analyst common estimate of $6.02 million. The reported quantity represents a year-over-year change of +90.5%.
- Internet funding revenue: $8.90 million versus the five-analyst common estimate of $8.57 million. The reported quantity represents a year-over-year change of +27.1%.
- Ceding fee revenue: $24 million versus $17.55 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +43.7% change.
View all Key Company Metrics for Lemonade here>>>
Shares of Lemonade have returned +11.9% over the previous month versus the Zacks S&P 500 composite’s +1.8% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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Lemonade, Inc. (LMND) : Free Stock Analysis Report
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