From Nasdaq:

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, outpacing the Finance sector’s and S&P 500’s gains during that time.

The investment community will be closely monitoring the performance of Lemonade in its forthcoming earnings report. The company is scheduled to release its earnings on February 27, 2024. The company is forecasted to report an EPS of -$0.79, showcasing a 15.05% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is anticipating revenue of $113.1 million, indicating a 27.94% upward movement from the same quarter last year. Recent changes to analyst estimates usually signify the changing landscape of near-term business trends. Upbeat changes indicate an analysts’ favorable outlook on the company’s business health and profitability. This is correlated to near-term stock prices.

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Read more: Lemonade (LMND) Falls More Steeply Than Broader Market: What Investors Need to Know