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5 Red Flags for Lemonade's Future

TheMotleyFool

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Lemonade's (NYSE: LMND) stock price plunged 19% during after-hours trading on Feb. 23 following the online insurer's fourth-quarter earnings report.

Its revenue doubled year over year to $41 million, beating analysts' estimates by $1.6 million. However, its net loss more than doubled from $33.9 million to $70.3 million, or $1.14 per share, and missed estimates by a penny.

Those headline numbers don't look disastrous, but a deeper dive into Lemonade's report reveals five bright red flags for its future.

Source Fool.com

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