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

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Lemonade (LMND) Shares Plummet 16% on Q4 Miss and Worse Than Expected Outlook

February 23, 2022 5:38 PM EST

Lemonade (NYSE: LMND) shares dropped around 16% after-hours following the companys reported Q4 results, with EPS of ($1.14) coming in worse than the consensus estimate of ($1.13). Revenue grew 100% year-over-year to $41 million, compared to the consensus estimate of $39.39 million.

The aggregate annualized premium for customers grew 78%... More