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Benzinga
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Lovesac Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Lovesac will report Q1 results on June 12, projecting a wider loss. 2. Analysts expect losses of 71 cents per share, worse than last year's 63 cents. 3. Quarterly revenue is projected at $137.47 million, slightly up from $132.64 million. 4. Shares fell 1.9% to $20.50 prior to results, indicating market uncertainty. 5. Recent analyst ratings show mixed ratings on target price adjustments.

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FAQ

Why Bearish?

The anticipated larger loss and declining revenue trends indicate potential weakness, reminiscent of previous quarterly reports which impacted stock performance.

How important is it?

The article discusses upcoming earnings and projections that directly affect investor sentiment and stock price expectations.

Why Short Term?

Immediate market reaction is expected post-earnings report, reflecting short-term volatility.

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