Lemonade's ‘Tech Obsession' Sees AI Handling 30% of Interactions
Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. “Investors and analysts often ask about the practical impact of our investments in building our own tech-based insurance tech.
Why Lemonade Stock Was Turning Sour Today
Lemonade's high-growth days seem to be coming to an end. The company is still operating at a wide loss.
Lemonade: Focus On Long-Term Metrics, Ignore Short-Term Volatility
Shares of Lemonade have tanked ~15% after reporting Q2 results, owing mostly to a softer revenue guidance for Q3. For Lemonade, however, the core metric to watch is in force premium growth, for which the company is not expecting any deceleration in Q3. Loss ratios are continuing to improve, helped in part by increased automation of underwriting.
Lemonade Shares Plummet After Earnings. Here's Why I'm Buying More
A big milestone has been reached.
Compared to Estimates, Lemonade (LMND) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Lemonade (LMND) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Lemonade (LMND) Reports Q2 Loss, Lags Revenue Estimates
Lemonade (LMND) came out with a quarterly loss of $0.81 per share versus the Zacks Consensus Estimate of a loss of $0.85. This compares to loss of $0.97 per share a year ago.
Lemonade's stock slides 14% after posting Q2 loss
Lemonade Inc.'s stock LMND, -1.35% fell 14% in after-hours trade Tuesday, after the digital insurer which uses AI to power its business posted a narrower-than-expected second-quarter loss but revenue that just matched estimates. The company had a net loss of $57.2 million, or 81 cents a share, for the quarter, after a loss of $67.2 million, or 97 cents a share, in the year-earlier period.
Gear Up for Lemonade (LMND) Q2 Earnings: Wall Street Estimates for Key Metrics
Evaluate the expected performance of Lemonade (LMND) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Should You Buy Lemonade Stock While It's Below Its IPO Price?
Lemonade's stock has plunged nearly 90% from its all-time high. Investors are worried about its slowing growth and declining gross margins.
3 Millionaire-Maker Artificial Intelligence (AI) Stocks
Lemonade has a huge edge over legacy insurers, but it's still going to take time to compile enough data for its AI systems to work better. Opendoor has a data-powered digital real estate platform that could capture even greater market share when the real estate industry improves.
Lemonade (LMND) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Lemonade (LMND) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AI-Powered Insurance Disruptor: This Stock Is a Growth Machine
The insurance industry is being rattled by fintech disruptors like Lemonade Inc. NYSE: LMND. Critics will say that underwriting policies are an art form and that human actuaries and adjusters can't be replaced by artificial intelligence (AI).
