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

Floor & Decor Holdings

02/11/2023 22:47

* Floor & Decor Holdings Inc  FND.N  reported quarterly
adjusted
earnings of 61 cents​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of 70 cents.  The mean expectation of
twenty one analysts for the quarter was for earnings of 56 cents
per share. Wall Street expected results to range from 50 cents
to 62 cents per share.
    * Revenue rose 0.9% to $1.11 billion from a year ago;
analysts
expected $1.12 billion. 
    * Floor & Decor Holdings Inc's reported EPS for the quarter
was 61
cents​.
    * The company reported quarterly net income of $65.92
million.
    * Floor & Decor Holdings Inc shares had fallen by 8.4% this
quarter and gained 19.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.5%
in the last three months.​ 
    * In the last 30 days, eleven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 11
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the home
improvement
products & services retailers peer group is also "buy"

Wall Street's median 12-month price target for Floor & Decor
Holdings Inc is $95.00 
This summary was machine generated from LSEG data November 2 at
10:46 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.56           0.61           Beat
 Jun. 30 2023      0.66           0.66           Met
 Mar. 31 2023      0.67           0.66           Missed
 Dec. 31 2022      0.57           0.64           Beat