Lulu's Fashion Lounge (LVLU) Scheduled to Post Quarterly Earnings on Wednesday

Lulu's Fashion Lounge (NASDAQ:LVLU - Get Free Report) will be releasing its earnings data after the market closes on Wednesday, November 13th. Analysts expect Lulu's Fashion Lounge to post earnings of ($0.06) per share for the quarter. Lulu's Fashion Lounge has set its Q3 2024 guidance at EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

Lulu's Fashion Lounge (NASDAQ:LVLU - Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.26) earnings per share (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 Stock Down 15.7 %

Lulu's Fashion Lounge stock traded down $0.27 during mid-day trading on Wednesday, hitting $1.45. 128,759 shares of the company's stock were exchanged, compared to its average volume of 23,766. The company's 50 day simple moving average is $1.49 and its 200-day simple moving average is $1.57. The firm has a market capitalization of $60.57 million, a P/E ratio of -1.90 and a beta of 0.27. Lulu's Fashion Lounge has a fifty-two week low of $1.02 and a fifty-two week high of $2.84.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on LVLU shares. The Goldman Sachs Group cut their price objective on Lulu's Fashion Lounge from $1.25 to $1.00 and set a "neutral" rating on the stock in a report on Monday, August 5th. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $2.00 price target on shares of Lulu's Fashion Lounge in a research note on Thursday, August 15th.

Lulu's Fashion Lounge Company Profile

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.