Life360 (NASDAQ:LIF) Releases Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Life360 (NASDAQ:LIFGet Free Report) posted its quarterly earnings results on Thursday. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.08), Zacks reports. Life360 had a negative net margin of 4.72% and a negative return on equity of 4.03%. The business had revenue of $115.53 million during the quarter, compared to analyst estimates of $114.39 million. Life360 updated its FY 2025 guidance to EPS.

Life360 Stock Performance

LIF stock traded up $4.62 during trading hours on Friday, hitting $45.20. The company’s stock had a trading volume of 636,183 shares, compared to its average volume of 236,041. Life360 has a 12 month low of $26.00 and a 12 month high of $52.76. The stock has a 50 day moving average price of $44.01 and a two-hundred day moving average price of $42.47.

Insiders Place Their Bets

In other Life360 news, CFO Russell John Burke sold 3,104 shares of the stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $41.41, for a total value of $128,536.64. Following the completion of the sale, the chief financial officer now directly owns 154,962 shares of the company’s stock, valued at $6,416,976.42. This represents a 1.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Lauren Antonoff sold 14,091 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $42.17, for a total transaction of $594,217.47. Following the completion of the sale, the chief operating officer now directly owns 293,769 shares of the company’s stock, valued at approximately $12,388,238.73. This trade represents a 4.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,715 shares of company stock valued at $1,411,935 over the last ninety days.

Wall Street Analyst Weigh In

LIF has been the topic of a number of recent analyst reports. UBS Group upgraded shares of Life360 from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $52.00 to $55.00 in a research report on Friday, January 17th. JMP Securities boosted their price target on shares of Life360 from $40.00 to $55.00 and gave the stock a “market outperform” rating in a research report on Thursday, November 14th. Finally, Canaccord Genuity Group boosted their price target on shares of Life360 from $54.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $47.63.

Read Our Latest Analysis on Life360

Life360 Company Profile

(Get Free Report)

Life360 Inc is a family connection and safety company. Its business category includes mobile app and Tile tracking devices with a range of services, including location sharing, safe driver reports and crash detection with emergency dispatch. Life360 Inc is based in SAN FRANCISCO.

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