LCI Industries (LCII) to Release Earnings on Thursday

LCI Industries (NYSE:LCII) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 1st. Analysts expect the company to announce earnings of $1.42 per share for the quarter.

LCI Industries (NYSE:LCII) last released its quarterly earnings results on Thursday, August 2nd. The company reported $1.86 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.83 by $0.03. LCI Industries had a return on equity of 23.39% and a net margin of 5.92%. The company had revenue of $684.46 million for the quarter, compared to analyst estimates of $658.81 million. During the same period in the previous year, the company posted $1.59 earnings per share. The firm’s revenue was up 25.0% on a year-over-year basis. On average, analysts expect LCI Industries to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Shares of NYSE:LCII opened at $69.54 on Wednesday. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 10.97 and a beta of 1.07. LCI Industries has a 12-month low of $66.49 and a 12-month high of $132.73. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.70 and a quick ratio of 1.11.

A number of research analysts have issued reports on the company. ValuEngine upgraded LCI Industries from a “sell” rating to a “hold” rating in a research note on Wednesday, August 8th. Northcoast Research reiterated a “buy” rating on shares of LCI Industries in a research note on Friday, August 17th. Zacks Investment Research cut LCI Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, July 10th. Robert W. Baird reiterated a “buy” rating and set a $115.00 price objective on shares of LCI Industries in a research note on Wednesday, July 25th. Finally, Sidoti lowered their price objective on LCI Industries from $136.00 to $119.00 and set a “buy” rating for the company in a research note on Friday, September 28th. Two research analysts have rated the stock with a sell rating and five have issued a buy rating to the company. LCI Industries currently has a consensus rating of “Hold” and an average target price of $114.80.

LCI Industries Company Profile

LCI Industries, along with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates in two segments, Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures or distributes various components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; travel trailers, fifth-wheel travel trailers, folding camping trailers, and truck campers; trucks; pontoon boats; trains; manufactured homes; and modular housing.

Read More: What is a Fiduciary?

Earnings History for LCI Industries (NYSE:LCII)

Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply