LL Flooring Holdings Q1 2024 Adj EPS $(1.04) Misses $(0.27) Estimate, Sales $188.490M Miss $218.600M Estimate
Portfolio Pulse from Benzinga Newsdesk
LL Flooring Holdings (NYSE:LL) reported a significant miss in Q1 2024 earnings and sales against analyst estimates, with adjusted EPS at $(1.04) versus the $(0.27) estimate and sales of $188.490M against the $218.600M estimate. This represents a substantial decrease in performance compared to the same period last year.
May 08, 2024 | 10:01 am
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LL Flooring Holdings reported significantly worse than expected Q1 2024 earnings and sales, with a notable decrease from the previous year.
The substantial miss in both earnings per share and sales compared to analyst estimates, coupled with a significant decrease from the previous year's figures, is likely to negatively impact investor sentiment and the stock price of LL Flooring Holdings in the short term.
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