Wall Street brokerages expect Lumber Liquidators Holdings Inc (NYSE:LL) to report earnings of ($0.14) per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Lumber Liquidators’ earnings. The highest EPS estimate is ($0.11) and the lowest is ($0.17). Lumber Liquidators reported earnings of ($0.07) per share in the same quarter last year, which suggests a negative year over year growth rate of 100%. The firm is expected to report its next quarterly earnings results on Tuesday, May 7th.

On average, analysts expect that Lumber Liquidators will report full-year earnings of $0.50 per share for the current financial year, with EPS estimates ranging from $0.25 to $0.68. For the next financial year, analysts anticipate that the firm will report earnings of $0.57 per share, with EPS estimates ranging from $0.33 to $0.75. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Lumber Liquidators.

Lumber Liquidators (NYSE:LL) last announced its earnings results on Monday, March 18th. The specialty retailer reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The firm had revenue of $268.90 million for the quarter, compared to the consensus estimate of $272.59 million. Lumber Liquidators had a positive return on equity of 7.50% and a negative net margin of 5.01%. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 EPS.

LL has been the topic of several recent analyst reports. Loop Capital downgraded Lumber Liquidators from a “buy” rating to a “hold” rating and cut their target price for the company from $24.00 to $10.00 in a research note on Thursday, January 3rd. Wedbush set a $11.00 price objective on Lumber Liquidators and gave the stock a “hold” rating in a research note on Tuesday, March 19th. Zacks Investment Research raised Lumber Liquidators from a “hold” rating to a “strong-buy” rating and set a $13.00 price objective on the stock in a research note on Wednesday, March 13th. ValuEngine downgraded Lumber Liquidators from a “sell” rating to a “strong sell” rating in a research note on Monday, February 4th. Finally, SunTrust Banks reissued a “hold” rating and issued a $10.00 price objective on shares of Lumber Liquidators in a research note on Monday, January 7th. One analyst has rated the stock with a sell rating and fourteen have given a hold rating to the company. Lumber Liquidators presently has a consensus rating of “Hold” and an average target price of $13.30.

Shares of Lumber Liquidators stock opened at $10.30 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.20 and a current ratio of 1.51. The firm has a market cap of $297.86 million, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 0.76 and a beta of 1.73. Lumber Liquidators has a 1-year low of $8.81 and a 1-year high of $26.92.

Several hedge funds and other institutional investors have recently modified their holdings of LL. Next Capital Management LLC purchased a new position in shares of Lumber Liquidators during the fourth quarter valued at $56,000. Municipal Employees Retirement System of Michigan acquired a new stake in Lumber Liquidators during the fourth quarter valued at $77,000. Metropolitan Life Insurance Co. NY boosted its position in Lumber Liquidators by 385.3% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 9,420 shares of the specialty retailer’s stock valued at $90,000 after purchasing an additional 7,479 shares during the last quarter. Rafferty Asset Management LLC acquired a new stake in Lumber Liquidators during the fourth quarter valued at $103,000. Finally, Oregon Public Employees Retirement Fund acquired a new stake in Lumber Liquidators during the fourth quarter valued at $104,000. Institutional investors and hedge funds own 79.89% of the company’s stock.

Lumber Liquidators Company Profile

Lumber Liquidators Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, and wood-look ceramic; renewable flooring, and bamboo and cork products; and a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools under the Bellawood and Morning Star Bamboo brands.

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

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