Recap: Floor & Decor Hldgs Q1 Earnings

Floor & Decor Hldgs FND reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Floor & Decor Hldgs missed estimated earnings by 1.49%, reporting an EPS of $0.66 versus an estimate of $0.67.

Revenue was up $93.30 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 0.19% increase in the share price the next day.

Here's a look at Floor & Decor Hldgs's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.57	0.65	0.73	0.65
EPS Actual	0.64	0.70	0.76	0.67
Revenue Estimate	1.06B	1.09B	1.07B	1.01B
Revenue Actual	1.05B	1.10B	1.09B	1.03B

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).

Floor & Decor Hldgs management provided guidance for FY 2023, expecting earnings between $2.55 and $2.85 per share.

To track all earnings releases for Floor & Decor Hldgs visit their earnings calendar here.

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

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