Analysts anticipate Lulus Fashion Lounge to report an earnings per share (EPS) of $-0.14.
The announcement from Lulus Fashion Lounge is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
The company's EPS missed by $0.08 in the last quarter, leading to a 12.11% drop in the share price on the following day.
Here's a look at Lulus Fashion Lounge's past performance and the resulting price change:
Quarter
Q3 2024
Q2 2024
Q1 2024
Q4 2023
EPS Estimate
-0.08
0.06
-0.06
-0.10
EPS Actual
-0.16
-0.26
-0.15
-0.18
Price Change %
-12.0%
-2.0%
16.0%
-6.0%
Performance of Lulus Fashion Lounge Shares
Shares of Lulus Fashion Lounge were trading at $0.44 as of March 25. Over the last 52-week period, shares are down 69.28%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analyst Views on Lulus Fashion Lounge
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Lulus Fashion Lounge.
The consensus rating for Lulus Fashion Lounge is Neutral, based on 1 analyst ratings. With an average one-year price target of $2.0, there's a potential 354.55% upside.
Analyzing ...