Market Overview

Recap: LCI Industries Q3 Earnings

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Shares of LCI Industries (NYSE:LCII) decreased 0.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 91.55% over the past year to $2.72, which beat the estimate of $2.42.

Revenue of $827,729,000 up by 41.20% from the same period last year, which beat the estimate of $798,950,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

LCI Indus hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Nov 02, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.lci1.com%2F&eventid=2625337&sessionid=1&key=8F754793C3D843FE83A9A314E7EF00B4&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $131.71

Company's 52-week low was at $55.29

Price action over last quarter: down 14.40%

Company Overview

LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.

 

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Posted-In: Earnings News