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Top Wall Street Forecasters Revamp Lovesac Expectations Ahead Of Q1 Earnings

The Lovesac Company (NASDAQ:LOVE) will release earnings results for its first quarter, before the opening bell on Thursday. Analysts expect the Stamford, Connecticut-based company to report a quarterly loss at 96 cents per share, versus a year-ago loss of 28 cents per share. Lovesac is projected to post quarterly revenue of $128.07 million, according to data from Benzinga Pro. On April 11, the company reported fourth-quarter earnings per share of $1.87, missing the analyst consensus of $1.93. Quarterly revenues of $250.507 million missed the street view of $265.323 million. Lovesac shares rose 5.1% to close at $25.98 on Wednesday. Benzinga readers can access ...