Lulu’s Fashion Lounge Holdings, Inc. Expected to Post Q2 2022 Earnings of $0.22 Per Share (NASDAQ:LVLU)

Lulu’s Trend Lounge Holdings, Inc. (NASDAQ:LVLUGet Ranking) – Investment decision analysts at Jefferies Economical Group dropped their Q2 2022 EPS estimates for Lulu’s Manner Lounge in a report unveiled on Wednesday, May perhaps 18th. Jefferies Economic Group analyst R. Konik now expects that the firm will earn $.22 for every share for the quarter, down from their prior estimate of $.28. Jefferies Money Group also issued estimates for Lulu’s Vogue Lounge’s FY2022 earnings at $.58 EPS, Q2 2023 earnings at $.24 EPS, Q3 2023 earnings at $.20 EPS and Q4 2023 earnings at $.21 EPS.

Lulu’s Style Lounge (NASDAQ:LVLUGet Ranking) past issued its quarterly earnings data on Thursday, March 31st. The business reported ($.03) earnings for each share for the quarter, beating the consensus estimate of ($.08) by $.05. The enterprise had earnings of $96.76 million for the duration of the quarter, in contrast to the consensus estimate of $93.10 million.

Numerous other investigation firms also a short while ago commented on LVLU. KeyCorp diminished their value goal on shares of Lulu’s Manner Lounge from $18.00 to $15.00 and set an “overweight” rating on the inventory in a analysis be aware on Thursday, January 20th. Zacks Investment decision Research downgraded shares of Lulu’s Style Lounge from a “buy” score to a “hold” rating in a research be aware on Friday. The Goldman Sachs Team lessened their selling price objective on shares of Lulu’s Manner Lounge from $33.00 to $15.00 and set a “buy” rating on the inventory in a exploration take note on Monday, April 4th. Eventually, Cowen reiterated a “buy” rating and established a $15.00 price tag goal on shares of Lulu’s Vogue Lounge in a research note on Friday, April 1st. 1 analyst has rated the stock with a keep ranking and eight have issued a invest in score to the company’s inventory. According to info from MarketBeat.com, the company has an normal score of “Buy” and an common price tag goal of $15.86.

Shares of LVLU opened at $11.60 on Friday. The enterprise has a 50-working day relocating ordinary of $8.47. Lulu’s Trend Lounge has a fifty-two week low of $5.10 and a fifty-two week large of $15.09. The business has a debt-to-equity ratio of .28, a speedy ratio of .62 and a recent ratio of 1.00.

Institutional investors have just lately additional to or reduced their stakes in the organization. New York State Popular Retirement Fund bought a new position in Lulu’s Trend Lounge through the 4th quarter worthy of roughly $25,000. Citigroup Inc. purchased a new stake in shares of Lulu’s Vogue Lounge in the 4th quarter valued at $26,000. California Condition Teachers Retirement Method purchased a new stake in shares of Lulu’s Vogue Lounge in the 4th quarter valued at $33,000. Deutsche Bank AG purchased a new stake in shares of Lulu’s Manner Lounge in the 4th quarter valued at $36,000. Last but not least, Wells Fargo & Company MN bought a new stake in shares of Lulu’s Vogue Lounge in the 4th quarter valued at $37,000. Hedge funds and other institutional buyers personal 51.34% of the company’s inventory.

About Lulu’s Fashion Lounge (Get Score)

Lulu’s Trend Lounge Holdings, Inc operates as an on-line retailer of women’s clothing, footwear, and add-ons. It delivers dresses, tops, bottoms, bridal have on, intimates, swimwear, footwear, and accessories less than the Lulus brand name. The corporation sells its items through owned media, which generally is composed of its website, mobile application, social media platforms, e-mail, and SMS gained media and paid out media that is composed of paid ad on research engines, such as Google and Bing, as properly as social media platforms comprising Facebook and Instagram.

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Earnings History and Estimates for Lulu's Fashion Lounge (NASDAQ:LVLU)

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