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

Lulu’s Fashion Lounge (NASDAQ:LVLU) will post its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Lulu’s Fashion Lounge to post earnings of ($0.07) per share for the quarter. Lulu’s Fashion Lounge has set its FY 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Lulu’s Fashion Lounge (NASDAQ:LVLU) last announced its quarterly earnings data on Wednesday, March 6th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.08). The firm had revenue of $74.96 million for the quarter, compared to analyst estimates of $73.95 million. Lulu’s Fashion Lounge had a negative return on equity of 30.43% and a negative net margin of 5.44%. On average, analysts expect Lulu’s Fashion Lounge to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lulu’s Fashion Lounge Trading Down 10.8 %

Shares of NASDAQ:LVLU opened at $1.41 on Tuesday. The firm has a 50 day moving average of $1.51 and a 200-day moving average of $1.89. Lulu’s Fashion Lounge has a 12 month low of $1.05 and a 12 month high of $3.26. The stock has a market capitalization of $58.28 million, a PE ratio of -2.88 and a beta of 0.09.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group restated a “market perform” rating and set a $3.00 price objective on shares of Lulu’s Fashion Lounge in a research report on Thursday, March 7th.

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.