La Rosa Posts 188% Y/Y Revenue Surge in Q3, Faces Loss Amid Expansion

Shares of La Rosa Holdings Corp. (LRHC) have declined 10.4% since reporting third-quarter 2024 results. This compares unfavorably with the S&P 500 index’s 0.7% rise over the same time frame. Over the past month, the stock has declined 20.5% against the S&P 500’s 2.8% growth.Revenue & Earnings OverviewLa Rosa recorded a third-quarter 2024 net loss of 21 cents per share, wider than a net loss of 6 cents in the year-ago quarter.However, the company reported a revenue surge of 188% for the third quarter of 2024 ...