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Lemonade: Q3 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Lemonade, Inc. (LMND) on Thursday reported a loss of $43.7 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 56 cents.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.

The company posted revenue of $336.1 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $322.1 million.

For the current quarter ending in December, Lemonade said it expects revenue in the range of $342 million to $346 million.

The company expects full-year revenue in the range of $1.23 billion to $1.24 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LMND at https://www.zacks.com/ap/LMND

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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