Lemonade Q1 Loss Narrows, Revenue Increases; Q2, 2026 Revenue Outlook Set
MT Newswires Live
Apr 29
Lemonade (LMND) reported a Q1 net loss Wednesday of $0.47 per diluted share, narrowing from a loss of $0.86 a year earlier.
Four analysts polled by FactSet expected a loss of $0.57.
Revenue for the quarter ended March 31 was $258 million, up from $151.2 million a year earlier.
Analysts surveyed by FactSet expected $251.5 million.
The insurance provider said it expects Q2 revenue of $287 million to $290 million. Analysts polled by FactSet expect $288.1 million.
Revenue for 2026 is projected to be about $1.197 billion to $1.203 billion. Analysts surveyed by FactSet expect $1.2 billion.
Shares of the company rose 5% in Wednesday premarket activity.
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