LL Flooring Holdings Q4 EPS $(0.64) Beats $(0.68) Estimate, Sales $211.78M Miss $212.50M Estimate
Portfolio Pulse from Happy Mohamed
LL Flooring Holdings (NYSE:LL) reported Q4 losses of $(0.64) per share, beating the $(0.68) estimate, but missed sales estimates with $211.78M against the expected $212.50M. This represents a significant decrease in performance compared to the same period last year, with losses increasing by 120.69% and sales decreasing by 19.74%.
March 01, 2024 | 9:08 pm
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LL Flooring Holdings reported a mixed Q4 with EPS beating estimates but sales missing expectations, alongside significant year-over-year declines in performance.
The mixed earnings report with an EPS beat but a miss on sales, combined with the significant year-over-year declines, suggests a neutral short-term impact on LL's stock price. Investors may react positively to the EPS beat, but the sales miss and the significant declines compared to last year could temper any potential gains.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100