LCI Industries reports results for the quarter ended in September 30 - Earnings Summary

LCI Industries

07/11/2024 17:22

* LCI Industries  LCII.N  reported quarterly adjusted
earnings of
$1.39​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of $1.02.  The mean expectation of ten analysts for the quarter
was for earnings of $1.37 per share. Wall Street expected
results to range from 97 cents to $1.59 per share.
    * Revenue fell 4.6% to $915.50 million from a year ago;
analysts
expected $922.81 million. 
    * LCI Industries's reported EPS for the quarter was $1.39​.
    * The company reported quarterly net income of $35.61
million.
    * LCI Industries shares had fallen by 0.7% this quarter and
lost 4.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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
128.00 
This summary was machine generated from LSEG data November 7 at
05:22 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
 Sep. 30 2024      1.37           1.39           Beat
 Jun. 30 2024      2.16           2.40           Beat
 Mar. 31 2024      0.52           1.44           Beat
 Dec. 31 2023      0.18           -0.09          Missed