Lovesac: Q2 Earnings Insights

Lovesac: Q2 Earnings Insights

 

Lovesac LOVE reported its Q2 earnings results on Thursday, September 8, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Lovesac beat estimated earnings by 9.76%, reporting an EPS of $0.45 versus an estimate of $0.41.

Revenue was up $46.09 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.33 which was followed by a 10.95% drop in the share price the next day.

Here's a look at Lovesac's past performance:

 

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate -0.21 0.54 -0.40 -0.08
EPS Actual 0.12 2.03 0.17 0.55
Revenue Estimate 115.02M 174.33M 112.19M 90.97M
Revenue Actual 129.38M 196.20M 116.68M 102.45M

To track all earnings releases for Lovesac visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings