Equities Analysts Set Expectations for Lumber Liquidators Holdings Inc.’s Q2 2017 Earnings (LL)

Lumber Liquidators Holdings Inc. (NYSE:LL) – Research analysts at SunTrust Banks issued their Q2 2017 earnings per share estimates for Lumber Liquidators Holdings in a note issued to investors on Wednesday. SunTrust Banks analyst K. Hughes forecasts that the firm will post earnings per share of ($0.03) for the quarter.

Lumber Liquidators Holdings (NYSE:LL) last announced its quarterly earnings data on Wednesday, July 27th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by $0.20. During the same quarter in the prior year, the company earned ($0.75) earnings per share. The business had revenue of $238.10 million for the quarter, compared to the consensus estimate of $240.56 million. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year.

A number of other analysts also recently weighed in on LL. Wedbush raised their price target on shares of Lumber Liquidators Holdings from $13.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday. Topeka Capital Markets assumed coverage on shares of Lumber Liquidators Holdings in a research report on Monday, May 23rd. They set a “sell” rating and a $9.00 price target for the company. Jefferies Group reissued a “hold” rating and set a $13.60 price target (up previously from $11.00) on shares of Lumber Liquidators Holdings in a research report on Thursday. Vetr raised shares of Lumber Liquidators Holdings from a “strong sell” rating to a “sell” rating and set a $11.67 price target for the company in a research report on Wednesday, May 11th. Finally, Zacks Investment Research raised shares of Lumber Liquidators Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, May 4th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $24.93.

Shares of Lumber Liquidators Holdings (NYSE:LL) traded down 4.04% during trading on Thursday, reaching $14.49. 2,209,727 shares of the company’s stock traded hands. The company has a 50 day moving average of $15.72 and a 200-day moving average of $13.62. The company’s market capitalization is $392.69 million. Lumber Liquidators Holdings has a 1-year low of $10.01 and a 1-year high of $21.74.

Lumber Liquidators Holdings, Inc (Lumber Liquidators) is a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers an assortment of exotic and domestic hardwood species, engineered hardwood, laminate and resilient vinyl flooring direct to the consumer.