Lulu’s Fashion Lounge (LVLU) Set to Announce Quarterly Earnings on Wednesday

Lulu’s Fashion Lounge (NASDAQ:LVLU) is set to announce its earnings results after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Lulu’s Fashion Lounge has set its Q3 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

Lulu’s Fashion Lounge (NASDAQ:LVLU) last posted its earnings results on Wednesday, August 14th. The company reported ($0.26) EPS for the quarter. Lulu’s Fashion Lounge had a negative net margin of 8.45% and a negative return on equity of 47.64%. The firm had revenue of $91.97 million during the quarter, compared to analyst estimates of $91.30 million. On average, analysts expect Lulu’s Fashion Lounge to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lulu’s Fashion Lounge Trading Down 4.9 %

Lulu’s Fashion Lounge stock opened at $1.54 on Tuesday. Lulu’s Fashion Lounge has a 12 month low of $1.02 and a 12 month high of $2.84. The stock’s 50 day moving average is $1.50 and its 200-day moving average is $1.58. The company has a market capitalization of $64.33 million, a price-to-earnings ratio of -2.23 and a beta of 0.27.

Analyst Upgrades and Downgrades

LVLU has been the topic of a number of analyst reports. The Goldman Sachs Group reduced their price target on Lulu’s Fashion Lounge from $1.25 to $1.00 and set a “neutral” rating on the stock in a research report on Monday, August 5th. Telsey Advisory Group reissued a “market perform” rating and set a $2.00 price target on shares of Lulu’s Fashion Lounge in a research report on Thursday, August 15th.

About Lulu’s Fashion Lounge

Lulu's Fashion Lounge Holdings, Inc operates as an online retailer of women's apparel, footwear, and accessories. The company offers formals, casuals, dresses, tops, bottoms, wedding dresses, rompers and jumpsits, intimates and sleepwear, swimwear, shoes, and accessories under the Lulus brand.