Benzinga | Dec 8, 2021 08:04AM EST

Lovesac: Q3 Earnings Insights



Lovesac (NASDAQ:LOVE) reported its Q3 earnings results on Wednesday, December 8, 2021 at 07:00 AM.

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

Earnings

Lovesac beat estimated earnings by 142.5%, reporting an EPS of $0.17 versus an estimate of $-0.4, which surprised analysts.

Revenue was up $41,936,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.63, which was followed by a 7.7% increase in the share price the next day.

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



Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate -0.08 -0.58 0.58 -0.88EPS Actual 0.55 0.13 1.37 0.16Revenue Estimate 90.97M 75.06M 116.13M 66.14MRevenue Actual 102.45M 82.92M 129.68M 74.74M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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