Lemonade Reports Q4 Results: EPS Beat, Revenue Beat, Guides Below Estimates

Lemonade, Inc. (NYSE:LMND) reported its fourth-quarter financial results and issued guidance after the bell Tuesday. Here’s a look at the details.

The Details:

Lemonade reported quarterly losses of 61 cents per share which beat the analyst consensus estimate of losses of 80 cents per share.

Quarterly sales clocked in at $115.5 million which beat the analyst consensus estimate of $111.77 million and is a 30.66% increase over sales of $88.4 million from the same period last year.

Cash and investments rose during the second half of …

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