=Lemonade (LMND) reported earnings on Wed 12 Aug 20 (b/o)

Lemonade misses by $0.90, beats on revs; guides FY20 revs below consensus

Reports Q2 (Jun) loss of $1.77 per share, $0.90 worse than the S&P Capital IQ Consensus of ($0.87); revenues rose 116.7% year/year to $29.9 mln vs the $29.31 mln S&P Capital IQ Consensus.

Co issues downside guidance for FY20, sees FY20 revs of $86-88 mln vs. $88.92 mln S&P Capital IQ Consensus.