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

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

Lulu’s Fashion Lounge (NASDAQ:LVLU) last posted its quarterly earnings results on Wednesday, March 6th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.08). The company had revenue of $74.96 million during 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 Up 23.5 %

NASDAQ:LVLU opened at $1.50 on Wednesday. The stock has a market capitalization of $62.00 million, a price-to-earnings ratio of -3.06 and a beta of 0.11. The firm has a fifty day simple moving average of $1.55 and a two-hundred day simple moving average of $1.91. Lulu’s Fashion Lounge has a 12 month low of $1.05 and a 12 month high of $3.26.

Wall Street Analysts Forecast Growth

Separately, Telsey Advisory Group reiterated a “market perform” rating and set a $3.00 price objective on shares of Lulu’s Fashion Lounge in a 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.