Lemonade stock drops 20% after disappointing outlook, Q4 earnings fall short of consensus

Feb. 23, 2022 4:58 PM ETLemonade, Inc. (LMND)By: Max Gottlich, SA News Editor53 Comments

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Lemonade (NYSE:LMND) stock tumbles 20% in afterhours trading Wednesday after poor Q1 and full-year guidance, as well as missing Q4 earnings consensus estimate.

Sees Q1 revenue of $41M-$43M vs. consensus of $44.0M; in-force premium at March 31 of $405M-$410M vs. $380.1M at Dec. 31, 2021.

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