The upcoming report from Lovesac (LOVE) is expected to reveal quarterly loss of $0.34 per share, indicating a decline of 126.7% compared to the year-ago period. Analysts forecast revenues of $154.68 million, representing an increase of 0.4% year over year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Lovesac metrics that Wall Street analysts commonly model and monitor.
According to the collective judgment of analysts, 'Net Sales- Other' should come in at $13.18 million. The estimate points to a change of -14.2% from the year-ago quarter.
The combined assessment of analysts suggests that 'Net Sales- Internet' will likely reach $41.01 million. The estimate indicates a year-over-year change of +2.5%.
Analysts predict that the 'Net Sales- Showrooms' will reach $100.49 million. The estimate indicates a change of +1.9% from the prior-year quarter.
The consensus among analysts is that 'Ending Showroom Count' will reach 259. Compared to the present estimate, the company reported 230 in the same quarter last year.
View all Key Company Metrics for Lovesac here>>>
Over the past month, shares of Lovesac have returned +16.2% versus the Zacks S&P 500 composite's +1.1% change. Currently, LOVE carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Zacks Naming Top 10 Stocks for 2025
Want to be tipped off early to our 10 top picks for the entirety of 2025?
History suggests their performance could be sensational.
From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.
Be First to New Top 10 Stocks >>The Lovesac Company (LOVE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
