Lemonade reports Q4 EPS (93c), consensus ($1.20)

Reports Q4 revenue $88.4M, consensus $78.26M. Reports Q4 adjusted EBITDA ($51.7M). Fourth quarter gross earned premium of $151.3 million increased by $62.0 million or 69% as compared to the fourth quarter of 2021. Customer count increased by 27% to 1,807,548 as compared to the fourth quarter of 2021. FP, defined as the aggregate annualized premium for customers as of the period end date, increased by 64% to $625.1 million.