It's been a good week for Lulu's Fashion Lounge Holdings, Inc. (NASDAQ:LVLU) shareholders, because the company has just released its latest second-quarter results, and the shares gained 2.6% to US$1.20. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Lulu's Fashion Lounge Holdings

Following the recent earnings report, the consensus from four analysts covering Lulu's Fashion Lounge Holdings is for revenues of US$319.5m in 2024. This implies a small 2.4% decline in revenue compared to the last 12 months. Per-share losses are supposed to see a sharp uptick, reaching US$0.73. Before this latest report, the consensus had been expecting revenues of US$331.5m and US$0.29 per share in losses. So it's pretty clear the analysts have mixed opinions on Lulu's Fashion Lounge Holdings after this update; revenues were downgraded and per-share losses expected to increase.

The average price target fell 5.9% to US$1.49, implicitly signalling that lower earnings per share are a leading indicator for Lulu's Fashion Lounge Holdings' valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Lulu's Fashion Lounge Holdings, with the most bullish analyst valuing it at US$2.00 and the most bearish at US$1.00 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Lulu's Fashion Lounge Holdings' past performance and to peers in the same industry. We would highlight that revenue is expected to reverse, with a forecast 4.7% annualised decline to the end of 2024. That is a notable change from historical growth of 4.5% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 4.8% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Lulu's Fashion Lounge Holdings is expected to lag the wider industry.