Floor & Decor Hldgs Q2 2024 GAAP EPS $0.52 Beats $0.51 Estimate, Sales $1.133B Miss $1.150B Estimate
Portfolio Pulse from Benzinga Newsdesk
Floor & Decor Holdings (NYSE:FND) reported Q2 2024 earnings per share (EPS) of $0.52, beating the analyst estimate of $0.51. However, sales of $1.133 billion missed the $1.150 billion estimate. EPS decreased by 21.21% year-over-year, and sales decreased by 0.26% year-over-year.
August 01, 2024 | 8:10 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Floor & Decor Holdings reported Q2 2024 EPS of $0.52, beating estimates, but sales of $1.133 billion missed expectations. EPS decreased by 21.21% year-over-year, and sales decreased by 0.26% year-over-year.
While the EPS beat estimates, the miss on sales and the year-over-year declines in both EPS and sales could create mixed sentiment among investors. The stock price may experience volatility as the market digests the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100