Lemonade(LMND)

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Compared to Estimates, Lemonade (LMND) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-07-31 00:30
The reported revenue represents a surprise of -0.37% over the Zacks Consensus Estimate of $122.46 million. With the consensus EPS estimate being -$0.85, the EPS surprise was +4.71%. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. In force premium (end of period) Customers (end of period) : 79% compared to the 83.8% average estimate b ...
Lemonade (LMND) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2024-07-30 22:55
This insurance and reinsurance company is expected to post quarterly earnings of $0.69 per share in its upcoming report, which represents a year-over-year change of -10.4%. The consensus EPS estimate for the quarter has been revised 8.4% lower over the last 30 days to the current level. Fidelis Insurance Holdings' revenues are expected to be $582.19 million, up 28.5% from the year-ago quarter. One other stock from the same industry, Fidelis Insurance Holdings (FIHL) , is yet to report results for the quarte ...
Lemonade(LMND) - 2024 Q2 - Quarterly Results
2024-07-30 20:35
· TTM gross loss ratio, a more dependable gauge of sustained changes, improved sequentially by 4 points to 79%, with an impressive 12 point improvement year on year Gross loss ratio ex-CAT continues a favorable trend, improving by 11 points . to 62% from 73% a year ago (20)% 5 Opex ($M) $250 $200 $150 $100 $50 $0 6 7 IFP, defined as the aggregate annualized premium for customers as of the period end date, increased by 22% to $838.8 million as compared to the second quarter of 2023. Annual Dollar Retention R ...
Should You Buy Lemonade Stock While It's Below Its IPO Price?
The Motley Fool· 2024-07-29 10:40
Lemonade initially only sold homeowners and renters insurance, but it expanded into the term life, pet health, and auto insurance markets after its IPO. It acquired Metromile in 2022 to accelerate the expansion of its auto insurance business. Like many other insurers, Lemonade offered discounts for customers who bundled together its plans. Lemonade's stock dropped below its IPO price as its growth slowed, it racked up persistent losses, and rising rates popped its bubbly valuation. Should contrarian investo ...
Lemonade (LMND) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
ZACKS· 2024-07-23 15:06
Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make ...
AI-Powered Insurance Disruptor: This Stock Is a Growth Machine
MarketBeat· 2024-07-15 15:01
Lemonade Today Get Lemonade alerts: When claims are filed, AI analyzes photos and damage reports to automate claims assessment and expedite payouts for simple cases while kicking up more complex cases to its human adjusters. AI is used to streamline operations and offer a more efficient experience. The company also focuses on social good, which appeals to millennials and Gen-Z-ers. Lemonade's Mixed Guidance for Q2 and 2024 Upside/Downside Achieving Cash Flow Breakeven: Lemonade's Strategic Progress MarketBe ...
Lemonade (LMND) Surges 8.8%: Is This an Indication of Further Gains?
ZACKS· 2024-06-19 17:15
Lemonade (LMND) shares rallied 8.8% in the last trading session to close at $16.20. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15% loss over the past four weeks. The insurer boasts a solid capital position. Its existing cash and cash equivalents will be sufficient to meet the working capital, liquidity and capital expenditure needs for at least the next 12 months. For Lemonade, the consensus EPS estimate ...
2 Top Tech Stocks Trading Under $20 per Share
The Motley Fool· 2024-06-06 08:50
Here are two potentially market-beating stocks you can buy for less than the price of a large pizza. It's not easy finding quality stocks trading under $20 per share. While share price isn't the sole indicator of a stock's merits, great companies tend to trade higher over time, so they typically don't stay this inexpensive for very long. SentinelOne's enterprise value is just $4.5 billion at this depressed share price, with an enterprise-value-to- revenue ratio of just 5.5. For context, arch-rival CrowdStri ...
S&T Bank Begins Lemonade Days Fundraising Campaign To Fight Childhood Cancer
prnewswire.com· 2024-05-23 22:55
S&T Bank's Lemonade Days campaign to benefit the Alex's Lemonade Stand Foundation, the largest independent childhood cancer charity in the U.S., will be held from June 1-8, 2024. S&T Bank's Lemonade Days campaign to benefit the Alex's Lemonade Stand Foundation, the largest independent childhood cancer charity in the U.S., will be held from June 1-8, 2024. "We are proud to expand our partnership with Alex's Lemonade Stand this year," said CEO Chris McComish. "Our people-forward purpose means that we prioriti ...
2 Stocks Providing Medical Insurance for Your Pets
marketbeat.com· 2024-05-21 10:05
Trupanion Today Key Points The pandemic triggered a surge in pet ownership as social distancing and lockdowns resulted in the need for companionship for many individuals and families. Anyone who owns a dog or cat can understand how they need to be cared for, just like a family member. This care includes not just food and baths but also veterinarian and medical bills. As your pets get older, medical bills can add up and get more expensive as treatments get extensive. Here are 2 pet health insurance providers ...