LCI Indus Q3 EPS $1.02 Misses $1.49 Estimate, Sales $1.00B Inline
Portfolio Pulse from Benzinga Newsdesk
LCI Indus (NYSE:LCII) reported Q3 earnings of $1.02 per share, missing the analyst consensus estimate of $1.49 by 31.54 percent. This is a 57.5 percent decrease from the same period last year. The company's quarterly sales of $1.00 billion met the analyst consensus estimate, marking an 11.66 percent decrease from the same period last year.
November 07, 2023 | 12:03 pm
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NEGATIVE IMPACT
LCI Indus reported lower than expected Q3 earnings and a decrease in sales compared to the same period last year. This could negatively impact the company's stock price in the short term.
LCI Indus reported a significant miss on its Q3 earnings and a decrease in sales compared to the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100