January 11, 2026
Lemonade stock sours after hours as better-than-expected results, outlook follow strong run

Lemonade stock sours after hours as better-than-expected results, outlook follow strong run

Lemonade stock sours after hours as better-than-expected results, outlook follow strong run – MarketWatch

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” : ‘s.dev.’; const productHostName = `www.${productHostNamePrefix}${PRODUCT_DOMAIN[product]}`; return [productHostName, LOGIN_URL[product], `${(SHOP_URL[envGoogleEA] || SHOP_URL.dev)[product]}`]; }, _registerUser(credential) { const PRODUCT_DOMAIN = { WSJ: ‘wsj’, BOL: ‘barrons’, FN: ‘fnlondon’, MW: ‘marketwatch’, MG: ‘mansionglobal’ }; const EDITION_ID = { WSJ: ‘WSJ-EN_US’, BOL: ‘BARRONS-EN_US’, FN: ‘EFN-EN_US’, MW: ‘MARKETWATCH-EN_US’, MG: ‘MG-EN_US’ }; const REGISTRATION_SOURCE = { WSJ: ‘WSJ’, BOL: ‘BARRONS’, FN: ‘EFN’, MW: ‘MARKETWATCH’, MG: ‘MG’ }; const LOGIN_URL = { WSJ: ‘accounts.wsj.com/auth’, BOL: ‘accounts.barrons.com/auth’, FN: ‘accounts.dowjones.com/auth/fn’, MW: ‘accounts.marketwatch.com/auth’ }; const pageSiteProduct = window.utag_data.page_site_product; const registerUrlPrefix = envGoogleEA === ‘prod’ ? ” : ‘s.dev.’; const registerBasedUrl = `https://register.${registerUrlPrefix}${PRODUCT_DOMAIN[pageSiteProduct]}.com`; const registerEndpoint = `${registerBasedUrl}/api/createSocialConnectUser`; const loginUrlPrefix = envGoogleEA === ‘prod’ ? ” : ‘int.’; const loginBaseUrl = LOGIN_URL[pageSiteProduct]; const loginUrl = `https://${loginUrlPrefix}${loginBaseUrl}/google-login`; const targetUrl = new URL(window.location.href); targetUrl.searchParams.set(‘isGaa’, true); fetch(registerEndpoint, { method: ‘POST’, body: JSON.stringify({ id_token: credential?.credential, displayContextId: ‘SOCIAL_CONNECT’, returnUrl: window.location.href.split(‘?’)[0], editionId: `${EDITION_ID[pageSiteProduct]}`, registrationSource: `${REGISTRATION_SOURCE[pageSiteProduct]}` }), headers: { ‘content-type’: ‘application/json’, } }) .then((response) => { if (!response.ok) { console.error(‘GoogleEA: Social Connect Invalid Status Code’); return; } return response.json(); }) .then((userState) => { if (!userState) { console.error(‘GoogleEA: Social Connect No Data’); return; } window.location.href = `${loginUrl}?target=${encodeURIComponent(targetUrl)}`; }) .catch((err) => { console.error(`GoogleEA: Social Connect Err: ${err}`); }); } }; })() ]]]]]]]]>]]]]]]>]]]]>]]>

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Earnings Results

Last Updated: Aug. 3, 2023 at 7:34 a.m. ET First Published: Aug. 2, 2023 at 7:19 p.m. ET

Lemonade shares are up more than 60% in 2023, while S&P 500 is up about 18%

Lemonade celebrates July 2, 2020, at the New York Stock Exchange following its IPO.

NYSE

[]Lemonade Inc. shares fell in the extended session Wednesday after the mobile-based insurance company’s results and outlook came in slightly above Wall Street expectations following a strong rally by the stock this year.

[]Lemonade LMND, -12.82% shares fell more than 5% after hours, following a 2.4% loss to $22.07 in Wednesday’s regular session, putting the stock at a year-to-date gain of 61.3%, compared with the S&P 500 index’s SPX 17.6% gain.

[]The company reported a second-quarter loss of $67.2 million, or 97 cents a share — compared with a loss of $67.9 million, or $1.10 a share, in the year-ago period — as total revenue rose to $104.6 million from $50 million in the year-ago quarter.

[]Analysts surveyed by FactSet had forecast a loss of $1.03 a share on revenue of $97.6 million.

[]Lemonade expects revenue of $102 million to $104 million for the third quarter, and $402 million to $408 million for the year. Analysts forecast revenue of $102 million for the third quarter, and $397.7 million for the year.

[]A little more than three years after its IPO, Lemonade shares finished Wednesday’s regular session nearly 24% below the original IPO price of $29. The stock ranked as the best IPO of 2020, debuting 139% above its initial pricing.

PayPal’s stock falls as earnings beat, but a margin metric misses

[]PayPal disappointed Wall Street Wednesday with its performance on transaction take rate and adjusted operating margins.

[]Wallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area. Based in San Francisco, his current focus is on the more exciting world of semiconductors, videogames and cybersecurity, when he’s not churning out earnings coverage. Follow him on Twitter at: @wmwitkowski.

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