Life360 (NASDAQ:LIF) Releases Earnings Results, Misses Expectations By $0.08 EPS

Life360 (NASDAQ:LIF - Get Free Report) released its earnings results on Thursday. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.08), Zacks reports. Life360 had a negative return on equity of 4.03% and a negative net margin of 4.72%. The firm had revenue of $115.53 million during the quarter, compared to analyst estimates of $114.39 million. Life360 updated its FY 2025 guidance to EPS.

Life360 Stock Down 7.9 %

Shares of NASDAQ LIF traded down $3.56 during midday trading on Monday, hitting $41.64. The company had a trading volume of 360,910 shares, compared to its average volume of 239,160. Life360 has a twelve month low of $26.00 and a twelve month high of $52.76. The business has a 50-day simple moving average of $44.00 and a two-hundred day simple moving average of $42.60.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Canaccord Genuity Group raised their target price on shares of Life360 from $54.00 to $58.00 and gave the stock a "buy" rating in a research note on Monday, December 2nd. UBS Group upgraded shares of Life360 from a "neutral" rating to a "buy" rating and raised their target price for the stock from $52.00 to $55.00 in a research note on Friday, January 17th. Finally, JMP Securities raised their price objective on shares of Life360 from $40.00 to $55.00 and gave the company a "market outperform" rating in a research note on Thursday, November 14th. Seven equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Life360 presently has a consensus rating of "Buy" and an average price target of $47.63.

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Insiders Place Their Bets

In other Life360 news, CFO Russell John Burke sold 3,104 shares of Life360 stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $41.41, for a total transaction of $128,536.64. Following the completion of the transaction, the chief financial officer now owns 154,962 shares in the company, valued at approximately $6,416,976.42. The trade was a 1.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Lauren Antonoff sold 14,091 shares of Life360 stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $42.17, for a total transaction of $594,217.47. Following the transaction, the chief operating officer now owns 293,769 shares of the company's stock, valued at approximately $12,388,238.73. The trade was a 4.58 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 32,715 shares of company stock worth $1,411,935.

About Life360

Life360 Inc is a family connection and safety company. Its business category includes mobile app and Tile tracking devices with a range of services, including location sharing, safe driver reports and crash detection with emergency dispatch. Life360 Inc is based in SAN FRANCISCO.