Lovesac LOVE reported its Q3 earnings results on Wednesday, December 8, 2021 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Lovesac beat estimated earnings by 142.5%, reporting an EPS of $0.17 versus an estimate of $-0.4, which surprised analysts.
Revenue was up $41,936,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.63, which was followed by a 7.7% increase in the share price the next day.
Here's a look at Lovesac's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | -0.08 | -0.58 | 0.58 | -0.88 |
EPS Actual | 0.55 | 0.13 | 1.37 | 0.16 |
Revenue Estimate | 90.97M | 75.06M | 116.13M | 66.14M |
Revenue Actual | 102.45M | 82.92M | 129.68M | 74.74M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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