LCI Industries reports results for the quarter ended in December - Earnings Summary

LCI Industries

13/02/2024 14:31

* LCI Industries  LCII.N  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -68
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 18 cents per share. Wall Street expected
results to range from -14 cents to 53 cents per share.
    * Revenue fell 6.4% to $837.54 million from a year ago;
analysts
expected $838.27 million. 
    * LCI Industries's reported EPS for the quarter was a loss
of 9
cents​.
    * The company reported a quarterly loss of $2.38 million.
    * LCI Industries shares had fallen by 7.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 57.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for LCI Industries is
$100.00 
This summary was machine generated from LSEG data February 13 at
02:31 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
 Dec. 31 2023      0.18           -0.09          Missed
 Sep. 30 2023      1.51           1.02           Missed
 Jun. 30 2023      1.24           1.31           Beat
 Mar. 31 2023      -0.02          0.29           Beat