Lumber Liquidators Holdings (NYSE: LL ) reported earnings on July 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Lumber Liquidators Holdings beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share expanded significantly.
Margins increased across the board.
Lumber Liquidators Holdings tallied revenue of $210.3 million. The 12 analysts polled by S&P Capital IQ wanted to see revenue of $196.1 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $175.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.43. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.28 per share. GAAP EPS of $0.43 for Q2 were 126% higher than the prior-year quarter's $0.19 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 37.3%, 330 basis points better than the prior-year quarter. Operating margin was 9.4%, 450 basis points better than the prior-year quarter. Net margin was 5.8%, 280 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $184.5 million. On the bottom line, the average EPS estimate is $0.30.
Next year's average estimate for revenue is $755.0 million. The average EPS estimate is $1.22.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 559 members out of 587 rating the stock outperform, and 28 members rating it underperform. Among 170 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 163 give Lumber Liquidators Holdings a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lumber Liquidators Holdings is hold, with an average price target of $28.50.
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