LMND Earnings Prediction
The chart below shows how LMND performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LMND sees a +6.31% change in stock price 10 days leading up to the earnings, and a +7.97% change 10 days following the report. On the earnings day itself, the stock moves by +0.20%. This data can give you a slight idea of what to expect for the next quarter's release.
LMND Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
136.60M
19.30%
11.97%
Gross Margin
--
--
--
Operating Margin
-48.17%
-1.33%
7.24%
Net Margin
-49.56%
-7.73%
5.69%
EPS
-0.95
-7.95%
17.28%
No Data Available
LMND Earnings Analysis
Lemonade, Inc. Corporation (LMND.N) Earnings Conference Call
Positive
Top Line Growth Acceleration: Accelerating top line growth with force premium growing by 24%.
Strongest Cash Flow Quarter: Net cash flow increased by $48 million, marking the strongest cash flow quarter to date.
Positive Free Cash Flow: Free cash flow was positive at $14 million, indicating strong operational performance.
Gross Profit Surge: Gross profit increased by 71% year-over-year, driven primarily by premium growth and significant loss ratio improvement.
Customer Growth Surge: Customer count increased by 17% to 2.3 million, reflecting strong demand for services.
Negative
Operating Expenses Increase: Operating expenses excluding loss and loss adjustment expense increased 27% to $125 million in Q3 compared to the prior year.
Net Loss Decline: The net loss was a loss of $68 million in Q3 or $0.95 per share, a 10% decline compared to the third quarter of 2023.
EBITDA Loss Comparison: Our adjusted EBITDA loss was $49 million in Q3 versus $40 million in the prior year.
Operating Expenses Increase: Operating expenses increased by $26 million year-on-year, driven predominantly by an increase in growth acquisition spending within sales and marketing.
Gross Loss Ratio Analysis: Our gross loss ratio was 73% for Q3 as compared to 83% in Q3 2023 and 79% in Q2 this year.
LMND FAQs
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LMND Earning Call Sentiment
Lemonade, Inc. (LMND) Q3 2024 Earnings Call Transcript
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LMND.N
5.86%Positive
Financial performance is strong with a 24% increase in in-force premium and a 71% increase in gross profit. The company's cash position is robust, and loss ratios have improved. Guidance is slightly lower but attributed to seasonal factors. The Q&A reveals positive sentiment towards AI advancements and cash flow outlook. No share repurchase plan is a minor negative, but overall, the company's growth and operational efficiency are promising. Given the small market cap, the stock is likely to react positively, in the 2% to 8% range.
