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

LCI Industries

08/08/2023 14:32

* LCI Industries  LCII.N  reported quarterly adjusted
earnings of
$1.31​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of $1.24 per share.
    * Revenue fell 33.9% to $1.01 billion from a year ago;
analysts
expected $1.00 billion. 
    * LCI Industries's reported EPS for the quarter was $1.31​.
    * The mean earnings estimate of analysts had fallen by
about 26.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * LCI Industries shares had risen by 6.6% this quarter and
gained 45.6% so far this year.
    * The company reported quarterly net income of $33.43
million.
    * Wall Street's median 12-month price target for LCI
Industries is
$117.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.24           1.31           Beat
 Mar. 31 2023      -0.02          0.29           Beat
 Dec. 31 2022      -0.06          -0.68          Missed
 Sep. 30 2022      2.38           2.40           Beat