Wall Street analysts expect that Lulus Fashion Lounge Holdings Inc (NASDAQ:LVLU) will announce earnings per share (EPS) of ($0.09) for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Lulus Fashion Lounge’s earnings, with the highest EPS estimate coming in at ($0.02) and the lowest estimate coming in at ($0.13). The company is scheduled to report its next quarterly earnings results on Tuesday, March 8th.
On average, analysts expect that Lulus Fashion Lounge will report full-year earnings of $0.29 per share for the current fiscal year, with EPS estimates ranging from $0.24 to $0.37. For the next financial year, analysts anticipate that the business will report earnings of $0.58 per share, with EPS estimates ranging from $0.57 to $0.61. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Lulus Fashion Lounge.
Lulus Fashion Lounge (NASDAQ:LVLU) last posted its quarterly earnings results on Monday, December 13th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.04.
A number of brokerages have commented on LVLU. Cowen started coverage on Lulus Fashion Lounge in a research note on Monday, December 6th. They issued an “outperform” rating and a $21.00 price target on the stock. Jefferies Financial Group started coverage on Lulus Fashion Lounge in a report on Monday, December 6th. They set a “buy” rating and a $23.00 price target for the company. The Goldman Sachs Group initiated coverage on Lulus Fashion Lounge in a research note on Monday, December 6th. They set a “buy” rating for the company. Piper Sandler assumed coverage on Lulus Fashion Lounge in a report on Monday, December 6th. They issued an “overweight” rating and a $17.00 price target on the stock. Finally, Telsey Advisory Group assumed coverage on Lulus Fashion Lounge in a research report on Monday, December 6th. They set an “outperform” rating and a $18.00 target price on the stock. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $18.29.
We’ve cleared away the complexities and translates Wall Street speak to English—if you’re new to options trading, this is the guide for you!
Shares of Lulus Fashion Lounge stock opened at $10.30 on Monday. Lulus Fashion Lounge has a 1 year low of $10.16 and a 1 year high of $15.09.
About Lulus Fashion Lounge
Lulu’s Fashion Lounge Holdings Inc is a customer driven, digitally native women’s fashion brand. Lulu’s Fashion Lounge Holdings Inc is based in CHICO, Calif.
Read More: Trading based on a resistance level
Get a free copy of the Zacks research report on Lulus Fashion Lounge (LVLU)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Lulus Fashion Lounge right now?
Before you consider Lulus Fashion Lounge, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Lulus Fashion Lounge wasn’t on the list.
While Lulus Fashion Lounge currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here
Â
