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
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100