MILE - Can Lemonade top Street estimates in Q4?
Lemonade (NYSE:LMND), a property and casualty insurer, is scheduled to announce Q4 earnings results on Wednesday, Feb. 23, after market close. The consensus EPS estimate is -$1.12 and the consensus revenue estimate is $39.4M (+92.2% Y/Y). Over the last 2 years, LMND has beaten EPS estimates 50% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 1 upward revision and 1 downward. LMND reported Q3 results that topped Street estimates and projected Q4 revenue in line with consensus forecast. LMND estimated Q4 revenue of $39M-40M and in force premium at Dec. 31 of $380M-384M. 2021 revenue is expected to be $126M-127M (vs. consensus estimate of $126.93M), while in force premium at Dec. 31 is likely to be $380M-384M. At the time, LMND said it would acquire Metromile (NASDAQ:MILE) in an all-stock deal with an equity value of ~$500M. LMND said MILE's tech-forward car
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Can Lemonade top Street estimates in Q4?