SPY425.10+2.50 0.59%
DIA341.98+3.20 0.94%
IXIC14,369.71+97.98 0.69%

BRIEF-Lemonade Reports Qtrly Loss Per Share $0.81

05/11/2021 17:25
BRIEF-Lemonade Reports Qtrly Loss Per Share $0.81

- Lemonade Inc LMND.N:

  • LEMONADE ANNOUNCES FIRST QUARTER 2021 FINANCIAL RESULTS

  • QTRLY IFP, DEFINED AS THE AGGREGATE ANNUALIZED PREMIUM FOR CUSTOMERS AS OF THE PERIOD END DATE, INCREASED BY 89% TO $251.7 MILLION

  • FIRST QUARTER TOTAL REVENUE WAS $23.5 MILLION

  • QTRLY LOSS PER SHARE $0.81

  • SEES Q2 REVENUE OF $26.0 - $27.0 MILLION

  • SEES Q2 GROSS EARNED PREMIUM OF $63.5 - $65.0 MILLION

  • SEES FY REVENUE OF $117 - $120 MILLION

  • SEES IN FORCE PREMIUM AT DECEMBER 31 OF $376 - $382 MILLION

  • SEES FY GROSS EARNED PREMIUM OF $279 - $283 MILLION

  • Q1 EARNINGS PER SHARE VIEW $-0.81, REVENUE VIEW $22.0 MILLION -- REFINITIV IBES DATA

  • Q2 REVENUE VIEW $26.2 MILLION -- REFINITIV IBES DATA

  • FY2021 REVENUE VIEW $115.6 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nBw4gmdxZa

Further company coverage: LMND.N


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