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Lumber Liquidators Holdings Beats on the Top Line

By Seth Jayson - Updated Apr 10, 2017 at 1:44PM

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Just the facts, Fool.

Lumber Liquidators Holdings (NYSE: LL) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Lumber Liquidators Holdings beat expectations on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly. GAAP earnings per share expanded significantly.

Margins grew across the board.

Revenue details
Lumber Liquidators Holdings logged revenue of $230.4 million. The 12 analysts polled by S&P Capital IQ hoped for revenue of $215.5 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $188.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.57. The 10 earnings estimates compiled by S&P Capital IQ forecast $0.42 per share. GAAP EPS of $0.57 for Q1 were 97% higher than the prior-year quarter's $0.29 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 40.4%, 310 basis points better than the prior-year quarter. Operating margin was 11.0%, 390 basis points better than the prior-year quarter. Net margin was 6.8%, 240 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $234.2 million. On the bottom line, the average EPS estimate is $0.54.

Next year's average estimate for revenue is $913.5 million. The average EPS estimate is $2.14.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 591 members out of 635 rating the stock outperform, and 44 members rating it underperform. Among 214 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 198 give Lumber Liquidators Holdings a green thumbs-up, and 16 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 $65.29.

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Stocks Mentioned

Lumber Liquidators Holdings, Inc. Stock Quote
Lumber Liquidators Holdings, Inc.
LL
$11.41 (6.93%) $0.74

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