Published on 8 Apr 2024 on Zacks via Yahoo Finance
Here's What to Expect From Lovesac's (LOVE) Q4 Earnings
The Lovesac Company LOVE is slated to report its fourth-quarter fiscal 2024 earnings on Apr 11, before market open.In the last reported quarter, the company’s loss per share of 15 cents was narrower than the Zacks Consensus Estimate of 31 cents and the year-ago figure of 55 cents. On the other hand, the net sales met the consensus mark and grew 14.1% year over year.Lovesac’s earnings topped the consensus mark in the trailing four quarters, the average surprise being 26.4%.
How Are Estimates Placed?
The Zacks Consensus Estimate for the company's fiscal fourth-quarter earnings per share (EPS) has remained stable at $1.93 over the past 60 days. This reflects year-over-year growth of 10.9% from a year-ago reported EPS of $1.74.