Lemonade: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Lemonade, Inc. (LMND) on Thursday reported a loss of $43.7 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 56 cents.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.

The company posted revenue of $336.1 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $322.1 million.

For the current quarter ending in December, Lemonade said it expects revenue in the range of $342 million to $346 million.

The company expects full-year revenue in the range of $1.23 billion to $1.24 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LMND at https://www.zacks.com/ap/LMND