Floor & Decor Holdings, Inc. (NYSE:FND) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.40 per share from $ 650.00 million in revenue.
For the full year, analysts predict revenues of $ 2305.80 million, while looking forward to income of $ 1.20 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,485.00 million ~ $ 2,510.00 million, where as bottomline are predicted in a range of $ 1.34 ~ $ 1.41 per share
Click Here For More Historical Outlooks Of Floor & Decor Holdings, Inc.
Previous Quarter Performance
Floor & Decor Holdings, Inc. recorded income for the second quarter of $ 0.13 per share, from the revenue of $ 462.35 million. The quarterly earnings down 61.76 percent while revenues dropped 9.53 percent compared with the same quarter last year.
Street analysts expected Floor & Decor Holdings, Inc. to report income of $ 0.07 per share on revenue of $ 422.57 million for the second quarter. The bottom line results beat street analysts by $ 0.06 or 85.71 percent, at the same time, top line results outshined analysts by $ 39.78 million or 9.41 percent.
Stock Performance
Shares of Floor & Decor Holdings, Inc. traded low $ -0.79 or -1.00 percent on Wednesday, reaching $ 77.84 with volume of 962.30 thousand shares. Floor & Decor Holdings, Inc. has traded high as $ 78.90 and has cracked $ 76.54 on the downward trend
According to the previous trading day, closing price of $ 77.84, representing a 222.78 % increase from the 52 week low of $ 24.36 and a 8.96 % decrease over the 52 week high of $ 86.37.
The company has a market capital of $ 8.07 billion and is part of the Consumer Cyclical sector and Home Improvement Stores industry.
Recent Analyst recommendations
- On 16th October 2020, maintained by Bank of America at Buy rating, with $ 93.00 target price.
- On 30th September 2020, initiated by Wolfe Research at Outperform rating, with $ 84.00 target price.
Conference Call
Floor & Decor Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 29th October 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.flooranddecor.com
Floor & Decor Holdings, Inc. operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The companys stores offer tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative and installation accessories.
