Lumber Liquidators Holdings, Inc. LL shares are down sharply today, down 3.6% on 220,000 shares, and it looks like the chart is breaking down into the company's earnings.
The company is scheduled to report earnings on April 27, and Wall Street is looking for earnings of 20 cents on $158.8 million. This compares to 25 cents and $151.2 million in revenue from a year ago.
Brian Sozzi of Wall Street Strategies is suggesting to clients that the name be shorted, as the chart continues to breakdown into earnings, which is generally seen as a negative sign.
Lumber Liquidators Holdings, Inc. operates as a specialty retailer of hardwood flooring in the United States. The company offers an assortment of wood flooring products.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in