Lumber Liquidators Misses Q3 EPS by Wide Margin (LL)

Hardwood floor supplier Lumber Liquidators LL reported Q3 EPS of 15c vs. 32c after the close today November 3rd. Lumber Liquidator shares are down nearly 13% after hours to the 21.60 level. Their Q3 revenue came in $147.2M vs. 161.47M. Net store sales were down 5.7% in Q3. LL closed up 94c on the day or 3.4% ahead of their earnings release. The company lowered their 2010 EPS outlook to 93c-99c from 1.13-1.23. consensus is 1.19. Day's Range: 23.95 - 25.07 52wk Range: 19.33 - 33.41
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