Floor & Decor Holdings Inc reports results for the quarter ended in March - Earnings Summary

Floor & Decor Holdings

03/05/2024 23:24

* Floor & Decor Holdings Inc  FND.N  reported quarterly
adjusted
earnings of 46 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 66 cents.  The mean expectation of twenty three analysts
for the quarter was for earnings of 44 cents per share. Wall
Street expected results to range from 36 cents to 56 cents per
share.
    * Revenue fell 2.2% to $1.10 billion from a year ago;
analysts
expected $1.12 billion. 
    * Floor & Decor Holdings Inc's reported EPS for the quarter
was 46
cents​.
    * The company reported quarterly net income of $50.03
million.
    * Floor & Decor Holdings Inc shares had fallen by 13.0% this
quarter and gained 1.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 16
"hold" and 2 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Floor &
Decor
Holdings Inc is $111.43 

This summary was machine generated from LSEG data May 3 at 10:24
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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.44           0.46           Beat
 Dec. 31 2023      0.26           0.34           Beat
 Sep. 30 2023      0.56           0.61           Beat
 Jun. 30 2023      0.66           0.66           Met