Lemonade (LMND) Misses Q4 EPS by 1c, Guidance Misses

Lemonade (NYSE: LMND) reported Q4 EPS of ($1.14), $0.01 worse than the analyst estimate of ($1.13). Revenue for the quarter came in at $41 million versus the consensus estimate of $39.39 million.

GUIDANCE:

Lemonade sees Q1 2022 revenue of $41-43 million, versus the consensus of $44 million.

• • In force premium at March 31 of $405 - $410 million
• • Gross earned premium of $92 - $94 million
• • Revenue of $41 - $43 million
• • Adjusted EBITDA loss of $(70) - $(65) million
• • Stock-based compensation expense of approximately $20 million
• Capital expenditures of approximately $2 million

Lemonade sees FY2022 revenue of $202-205 million, versus the consensus of $219 million.

• In force premium at December 31 of $530 - $540 million
• Gross earned premium of $423 - $427 million
• Revenue of $202 - $205 million • Adjusted EBITDA loss of $(290) - $(275) million
• Stock-based compensation expense of approximately $80 million
• Capital expenditures of approximately $10 million

For earnings history and earnings-related data on Lemonade (LMND) click here.

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