Lumber Liquidators Holdings, Inc (NYSE:LL) is set to announce third quarter earning results on Monday 2nd November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, LL to report 3Q20 income of $ 0.23 per share.
For the full year, analysts anticipate top line of $ 1052.33 million, while looking forward to income of $ 1.09 per share bottom line.
Previous Quarter Performance
Lumber Liquidators Holdings, Inc announced income for the second quarter of $ 0.10 per share, from the revenue of $ 230.28 million. The quarterly earnings gained 42.86 percent while revenues dropped 20.20 percent compared with the same quarter last year.
Street analysts expected Lumber Liquidators Holdings, Inc to report loss of $ 0.18 per share on revenue of $ 220.75 million for the second quarter. The bottom line results beat street analysts by $ 0.28 or 155.56 percent, at the same time, top line results outshined analysts by $ 9.53 million or 4.32 percent.
Stock Performance
On Friday, shares of Lumber Liquidators Holdings, Inc has traded high as $ 23.92 and has cracked $ 21.71 on the downward trend, reaching $ 22.12 with volume of 504.70 thousand shares.
According to the previous trading day, closing price of $ 22.12, representing a 527.59 % increase from the 52 week low of $ 3.77 and a 20.07 % decrease over the 52 week high of $ 29.60.
The company has a market capital of $ 638.23 million and is part of the Consumer Cyclical sector and Home Improvement Stores industry.
Conference Call
Lumber Liquidators Holdings, Inc will be hosting a conference call at 8:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lumberliquidators.com
Lumber Liquidators Holdings, Inc., together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, waterproof vinyl plank, and porcelain tile; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood brand. It also provides in-home delivery and installation services.
