Floor & Decor Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Floor & Decor Holdings

31/10/2024 02:39

* Floor & Decor Holdings Inc  FND.N  reported quarterly
adjusted
earnings of 48 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 61 cents.  The mean expectation of twenty
four analysts for the quarter was for earnings of 43 cents per
share. Wall Street expected results to range from 35 cents to 55
cents per share.
    * Revenue rose 0.9% to $1.12 billion from a year ago;
analysts
expected $1.13 billion. 
    * Floor & Decor Holdings Inc's reported EPS for the quarter
was 48
cents​.
    * The company reported quarterly net income of $51.69
million.
    * Floor & Decor Holdings Inc shares had fallen by 19.4% this
quarter and lost 10.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

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 3 "sell" or "strong sell." 
    * The average consensus recommendation for the home
improvement
products & services retailers peer group is also "hold"

Wall Street's median 12-month price target for Floor & Decor
Holdings Inc is $105.00 
This summary was machine generated from LSEG data October 31 at
02:39 a.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
 Sep. 30 2024      0.51           0.48           Missed
 Jun. 30 2024      0.51           0.52           Beat
 Mar. 31 2024      0.44           0.46           Beat
 Dec. 31 2023      0.26           0.34           Beat