Equities analysts expect that Lumber Liquidators Holdings, Inc (NYSE:LL) will report $261.59 million in sales for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Lumber Liquidators Holdings’ earnings. The highest sales estimate is $265.70 million and the lowest is $257.80 million. Lumber Liquidators Holdings reported sales of $244.08 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 7.2%. The company is scheduled to announce its next earnings report on Monday, October 30th.

On average, analysts expect that Lumber Liquidators Holdings will report full-year sales of $261.59 million for the current financial year, with estimates ranging from $1.03 billion to $1.05 billion. For the next fiscal year, analysts expect that the firm will post sales of $1.11 billion per share, with estimates ranging from $1.10 billion to $1.14 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Lumber Liquidators Holdings.

Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Tuesday, August 1st. The specialty retailer reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.24. The business had revenue of $263.50 million for the quarter, compared to the consensus estimate of $256.89 million. Lumber Liquidators Holdings had a negative return on equity of 11.75% and a negative net margin of 4.58%. Lumber Liquidators Holdings’s revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.45) EPS.

LL has been the topic of several analyst reports. Zacks Investment Research upgraded shares of Lumber Liquidators Holdings from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research report on Wednesday, July 5th. Oppenheimer Holdings, Inc. set a $34.00 target price on shares of Lumber Liquidators Holdings and gave the company a “buy” rating in a research report on Tuesday, August 1st. TheStreet upgraded shares of Lumber Liquidators Holdings from a “d+” rating to a “c” rating in a research report on Tuesday, August 1st. Morgan Stanley raised their target price on shares of Lumber Liquidators Holdings from $32.00 to $35.00 and gave the company an “equal weight” rating in a research report on Monday, October 2nd. Finally, Stifel Nicolaus raised their target price on shares of Lumber Liquidators Holdings from $20.00 to $33.00 and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $29.89.

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Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Lumber Liquidators Holdings by 7.0% during the second quarter. Vanguard Group Inc. now owns 2,504,255 shares of the specialty retailer’s stock worth $62,756,000 after purchasing an additional 162,866 shares during the period. State Street Corp lifted its holdings in shares of Lumber Liquidators Holdings by 5.1% during the second quarter. State Street Corp now owns 631,095 shares of the specialty retailer’s stock worth $15,820,000 after purchasing an additional 30,639 shares during the period. Royce & Associates LP lifted its holdings in shares of Lumber Liquidators Holdings by 14.6% during the first quarter. Royce & Associates LP now owns 566,797 shares of the specialty retailer’s stock worth $11,897,000 after purchasing an additional 72,000 shares during the period. FMR LLC acquired a new position in shares of Lumber Liquidators Holdings during the second quarter worth $10,906,000. Finally, PDT Partners LLC lifted its holdings in shares of Lumber Liquidators Holdings by 431.1% during the second quarter. PDT Partners LLC now owns 412,000 shares of the specialty retailer’s stock worth $10,325,000 after purchasing an additional 334,420 shares during the period. Institutional investors own 77.32% of the company’s stock.

Lumber Liquidators Holdings (NYSE:LL) traded up 0.03% on Thursday, reaching $34.82. The stock’s market capitalization is $989.38 million. Lumber Liquidators Holdings has a 52 week low of $14.02 and a 52 week high of $41.33. The stock’s 50-day moving average price is $37.55 and its 200 day moving average price is $29.55.

Lumber Liquidators Holdings Company Profile

Lumber Liquidators Holdings, Inc is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer. Its product categories include Solid and Engineered Hardwood; Laminate; Bamboo, Cork, Vinyl Plank and Other, Moldings and Accessories, and Non-Merchandise Services.

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Earnings History and Estimates for Lumber Liquidators Holdings (NYSE:LL)

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