LCI Indus Q2 EPS $1.31 Misses $1.37 Estimate, Sales $1.01B Miss $1.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
LCI Indus (NYSE:LCII) reported Q2 earnings of $1.31 per share, missing the analyst consensus estimate of $1.37 by 4.38 percent. This is a 78.38 percent decrease from the same period last year. The company also reported quarterly sales of $1.01 billion, missing the analyst consensus estimate of $1.02 billion by 0.69 percent, a 33.98 percent decrease from the same period last year.
August 08, 2023 | 11:02 am
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NEGATIVE IMPACT
LCI Indus reported lower than expected Q2 earnings and sales, with significant YoY decreases. This could negatively impact the company's stock price in the short term.
LCI Indus reported a significant decrease in earnings and sales compared to the same period last year, and also missed analyst estimates. This is likely to be viewed negatively by investors, potentially leading to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100