Lovesac Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Lovesac (NASDAQ:LOVE)

Core Viewpoint - The Lovesac Company is expected to report a significant quarterly loss and a slight increase in revenue compared to the previous year [1] Financial Performance - The company will release its third-quarter earnings results on December 11, with analysts predicting a loss of 46 cents per share, compared to a loss of 1 cent per share in the same quarter last year [1] - The consensus estimate for quarterly revenue is $154.17 million, which represents an increase from last year's revenue of $149.91 million [1] Stock Performance - Shares of Lovesac fell by 1.5%, closing at $13.74 [2] Analyst Ratings - Maxim Group analyst Tim Forte maintains a Buy rating with a reduced price target of $33, down from $38 [3] - DA Davidson analyst Michael Baker also maintains a Buy rating with a price target of $24 [3] - Canaccord Genuity analyst Maria Ripps keeps a Buy rating with a price target of $30 [3] - Oppenheimer analyst Brian Nagel has an Outperform rating with a price target of $35 [3] - Roth MKM analyst Matt Koranda maintains a Buy rating and raised the price target from $22 to $28 [3]