• Purple Innovation Inc PRPL.OQ reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -19 cents. The mean expectation of eight analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -17 cents to -11 cents per share.

• Revenue fell 13.2% to $104.17 million from a year ago; analysts expected $104.16 million.

• Purple Innovation Inc's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $19.14 million.

• Purple Innovation Inc shares had fallen by 12.6% this quarter and lost 14.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 28.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is also "hold"

• Wall Street's median 12-month price target for Purple Innovation Inc is $1.00

This summary was machine generated from LSEG data May 6 at 09:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)