Earnings Preview: LCI Industries

LCI Industries (NYSE:LCII) is set to give its latest quarterly earnings report on Tuesday, 2023-02-14. Here's what investors need to know before the announcement.

Analysts estimate that LCI Industries will report an earnings per share (EPS) of $1.02.

LCI Industries bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.02, which was followed by a 11.95% drop in the share price the next day.

Here's a look at LCI Industries's past performance and the resulting price change:

QuarterQ3 2022Q2 2022Q1 2022Q4 2021EPS EstimateEPS ActualPrice Change %
2.38 5.17 4.99 2.75 2.40 6.06 7.71 3.22 -11.95% 8.26% -2.78% -1.25%

Stock Performance

Shares of LCI Industries were trading at $111.18 as of February 09. Over the last 52-week period, shares are down 14.1%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for LCI Industries visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs

Posted In:
Comments
Loading...