Floor & Decor Hldgs Q3 2024 GAAP EPS $0.48 Beats $0.44 Estimate, Sales $1.118B Miss $1.134B Estimate
Portfolio Pulse from Benzinga Newsdesk
Floor & Decor Holdings reported Q3 2024 earnings per share of $0.48, beating the estimate of $0.44, but sales of $1.118 billion missed the $1.134 billion estimate. EPS decreased by 21.31% from last year, while sales increased by 0.90%.
October 30, 2024 | 8:13 pm
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Floor & Decor Holdings reported Q3 2024 EPS of $0.48, beating estimates, but sales of $1.118B missed expectations. EPS decreased 21.31% YoY, while sales increased 0.90%.
The earnings per share beat expectations, which is positive, but the sales miss and the significant year-over-year EPS decline are concerning. This mixed result may lead to neutral short-term stock movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100