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

Life360 (NASDAQ:LIF) posted its earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 Up 8.8 %

Shares of NASDAQ LIF traded up $3.59 during mid-day trading on Friday, hitting $44.17. The company’s stock had a trading volume of 186,166 shares, compared to its average volume of 223,676. Life360 has a one year low of $26.00 and a one year high of $52.76. The company’s fifty day simple moving average is $43.92 and its 200-day simple moving average is $42.40.

Insiders Place Their Bets

In related news, CFO Russell John Burke sold 3,104 shares of the business’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $46.78, for a total value of $145,205.12. Following the sale, the chief financial officer now directly owns 148,754 shares of the company’s stock, valued at approximately $6,958,712.12. The trade was a 2.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Lauren Antonoff sold 14,091 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $42.17, for a total value of $594,217.47. Following the transaction, the chief operating officer now 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,715 shares of company stock valued at $1,411,935.

Wall Street Analyst Weigh In

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

Life360 Company Profile

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.