Lovesac: Q3 Earnings Insights

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.

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.

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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