For the quarter ended June 2024, Lemonade (LMND Quick QuoteLMND - Free Report) reported revenue of $122 million, up 16.6% over the same period last year. EPS came in at -$0.81, compared to -$0.97 in the year-ago quarter.

The reported revenue represents a surprise of -0.37% over the Zacks Consensus Estimate of $122.46 million. With the consensus EPS estimate being -$0.85, the EPS surprise was +4.71%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Lemonade performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• In force premium (end of period)

  : $838.80 million compared to the $841.47 million average estimate based on five analysts.

• Customers (end of period)

  : 2,167,194 versus 2,165,646 estimated by four analysts on average.

• Net loss ratio

  : 79% compared to the 83.8% average estimate based on four analysts.

• Premium per Customer (end of period)

  : $387 versus the four-analyst average estimate of $388.77.

• Gross loss ratio

  : 79% versus 85.8% estimated by four analysts on average.

• Net investment income

  : $8.10 million versus $7.50 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +44.6% change.

• Ceding commission income

  : $16.50 million compared to the $20.13 million average estimate based on five analysts. The reported number represents a change of -5.7% year over year.

• Commission income

  : $8.10 million versus the five-analyst average estimate of $6.08 million. The reported number represents a year-over-year change of +62%.

• Net earned premium

  : $89.30 million versus $88.94 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +16.7% change.

View all Key Company Metrics for Lemonade here>>>

Shares of Lemonade have returned +39.4% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.