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1 week agoHere's Why Lemonade is Up 20% this Morning
Shares of Lemonade (NYSE: LMND) are rocketing about 20%, or $11 higher this morning. All after the company posted stronger than expected earnings, and raised its guidance again. While it posted an EPS loss of 51 cents, that still beat estimates by 19 cents. Revenue of $194.5 million, up 42.4% year over year, beat by $9.44 million. It also expects 2025 revenue to be $727 million to $732 million, which is up from prior guidance of $710 million to $716 million.
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