LCI Industries (NYSE:LCII) is reporting second quarter earnings results on Tuesday 4th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.16 per share.
For the full year, analysts predict revenues of $ 2326.54 million, while looking forward to income of $ 3.63 per share.
Previous Quarter Performance
LCI Industries unwinded income for the first quarter of $ 1.31 per share, from the revenue of $ 659.67 million. The quarterly earnings reduced 5.07 percent while revenues hiked 11.40 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.42 per share from $ 658.43 million in revenue. The bottom line results missed street analysts by $ 0.11 or 7.75 percent, at the same time, top line results outshined analysts by $ 1.24 million or 0.19 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of LCI Industries
Stock Performance
According to the previous trading day, closing price of LCII was $ 130.75, representing a 136.48 % increase from the 52 week low of $ 55.29 and a 0.25 % decrease over the 52 week high of $ 131.08.
The company has a market capital of $ 3.29 billion and is part of the Consumer Cyclical sector and Recreational Vehicles industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”LCII” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.65 per share on May 21, 2020. The dividend were payable on June 19, 2020 to holders of record as of the close of business on June 5, 2020 and ex-dividend date on June 4, 2020.
Conference Call
LCI Industries will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lci1.com
LCI Industries, together 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.
