Lemonade, Inc. is a public company trading on the NYSE with a market capitalization of over 1153.7 mln USD as of August 20th 2020. The stock is currently trading at 16.68 USD/share which represents a 3.47% drop from its day high and a 33.1% drop from its year high of 32.97 USD/share.
Lemonade, Inc.’s most recent financial report indicates that the company generated 74 mln USD in revenue on November 9th 2022, 44.3 mln USD in revenue on May 9th 2022, and 41 mln USD in revenue on February 23rd 2022 when compared to 0 revenue reported in August 8th 2022, February 22nd 2023 and estimated 78.26 mln USD for February 21st 2023 respectively.
This data suggests that Lemonade, Inc.’s overall financial position has been relatively steady over the past year with an average earnings per share (EPS) of -4.33 USD for the same period of time indicating negative income for shareholders during this period. Furthermore, current estimates suggest that Lemonade’s EPS could remain negative at -1.17 USD by the end of their fiscal year ending December 31st 2022 indicating ongoing financial difficulties for the company moving forward despite some stability in revenues from their previous quarters due to consistent losses from earlier periods being carried forward into future ones as well as likely decreases in expenses over time as operations become more efficient and streamlined leading to increased profitability going forward potentially reversing the current trend in EPS performance for the company by allowing them to achieve positive shareholder income moving forward once again if managed properly over time..
