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HomeMarketLemonade Earnings Miss, Revenue Beats In Q3 By Investing.com

Lemonade Earnings Miss, Revenue Beats In Q3 By Investing.com

© Reuters. Lemonade Earnings Miss, Revenue Beats In Q3
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Investing.com – Lemonade reported on Tuesday third quarter that missed analysts’ forecasts and revenue that topped expectations.

Lemonade announced earnings per share of $-1.37 on revenue of $74M. Analysts polled by Investing.com anticipated EPS of $-1.34 on revenue of $64.74M.

Lemonade shares are down 35% from the beginning of the year, still down 71.58% from its 52 week high of $67.38 set on November 11, 2021.

Lemonade follows other major Financial sector earnings this month

Lemonade’s report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $-1,832 on revenue of $76.9B, compared to forecasts EPS of $4,518.39 on revenue of $74.9B.

JPMorgan had beat expectations on October 14 with third quarter EPS of $3.12 on revenue of $32.72B, compared to forecast for EPS of $2.92 on revenue of $32.13B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Story Credit: investing.com

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