LMND - What's Going On With Lemonade Inc Stock? | Benzinga
Lemonade, Inc. (NYSE: LMND) shares are trading higher on heavy volume Thursday. The company reported its third-quarter financial results after the market close on Wednesday.
What To Know:
Lemonade reported quarterly losses of 88 cents per share, beating the analyst consensus estimate of 94 cents. The company also reported quarterly sales of $114.50 million, beating the analyst consensus estimate of $104.46 million and representing a 54.73% increase over sales of $74 million from the same period last year.
In a letter to shareholders, the company stated, "Our interim goal ...