For the quarter ended December 2023, Lemonade (LMND) reported revenue of $115.5 million, up 30.7% over the same period last year. EPS came in at -$0.61, compared to -$0.93 in the year-ago quarter.The reported revenue represents a surprise of +2.13% over the Zacks Consensus Estimate of $113.1 million. With the consensus EPS estimate being -$0.79, the EPS surprise was +22.78%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Lemonade (LMND) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to loss of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 22.78%. A quarter ago, it was expected that this company would post a loss of $0.93 per share when it actually produced a loss of $0.88, delivering a surprise of 5.38%.Over the last four quarters, the company has surpassed consen ...

Lemonade Inc., a tech-powered insurance provider, said Tuesday it would spend more on growth this year, a move it said would hurt profits in the months ahead following a year of “extraordinary challenges” in the insurance industry.In a letter to shareholders, management said Lemonade LMND, +8.44% planned to “roughly double” its growth budget this year from the $55 million it spent in 2023. “As the universe of products and geographies where we are rate-adequate expands, we intend to grow in lockstep. Ours, a ...

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) has released its fourth quarter and full year 2023 financial results by posting them to its website. Please view the Q4 2023 financial results in the Letter to Shareholders on the company’s investor relations website. On Wednesday, February 28, 2024, Lemonade will host a conference call at 8:00 a.m. Eastern time (5:00 a.m. Pacific time) to discuss the results. To register for this conference call, please use this link. Registrants will receive confirm ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to Commission file number: 001-39367 Lemonade, Inc. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

Topic 1: Financial Performance - [Key Point 1: Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region. [1]] - [Key Point 2: Net profit margin improved to 12%, up from 10% in the previous quarter. [2]] - [Key Point 3: Operating expenses rose by 8%, primarily due to higher marketing costs. [3]] Topic 2: Market Expansion - [Key Point 1: The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales. [1]] - [Key Point 2: A new distribution center was opened in South America to support regional growth. [4]] - [Key Point 3: Strategic partnerships were formed with local retailers to enhance market penetration. [2]] Topic 3: Product Development - [Key Point 1: Launched three new products in the tech segment, which accounted for 25% of total revenue. [3]] - [Key Point 2: R&D investment increased by 10% to support innovation and product differentiation. [1]] - [Key Point 3: Customer feedback was integrated into the development process, leading to higher satisfaction rates. [4]] Topic 4: Operational Efficiency - [Key Point 1: Implemented a new supply chain management system, reducing delivery times by 15%. [2]] - [Key Point 2: Automation initiatives in manufacturing led to a 5% reduction in production costs. [3]] - [Key Point 3: Employee training programs were expanded, resulting in a 10% increase in productivity. [4]] Topic 5: Sustainability Initiatives - [Key Point 1: Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources. [1]] - [Key Point 2: Introduced eco-friendly packaging for all product lines, reducing plastic waste by 20%. [2]] - [Key Point 3: Partnered with environmental organizations to promote sustainable practices across the industry. [4]]

In the latest market close, Lemonade (LMND) reached $17.90, with a +1.19% movement compared to the previous day. 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. ...

Wall Street analysts forecast that Lemonade (LMND) will report quarterly loss of $0.79 per share in its upcoming release, pointing to a year-over-year increase of 15.1%. It is anticipated that revenues will amount to $113.1 million, exhibiting an increase of 27.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe ...

In the latest trading session, Lemonade (LMND) closed at $17.67, marking a -1.89% move from the previous day. 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 wil ...

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND) today announced it will release its fourth quarter 2023 financial results on Tuesday, February 27, 2024 after market close. Lemonade will host a conference call the following day, Wednesday, February 28, 2024 at 8:00 am Eastern time (5:00 am Pacific time) to discuss the results. To register for this conference call, please use this link. Registrants will receive confirmation with dial-in details. Registrants may also dial in, toll-free, at (833) 470-14 ...