Floor & Decor Hldgs FND reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Floor & Decor Hldgs missed estimated earnings by 1.49%, reporting an EPS of $0.66 versus an estimate of $0.67.
Revenue was up $93.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 0.19% increase in the share price the next day.
Here's a look at Floor & Decor Hldgs's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.57 | 0.65 | 0.73 | 0.65 |
EPS Actual | 0.64 | 0.70 | 0.76 | 0.67 |
Revenue Estimate | 1.06B | 1.09B | 1.07B | 1.01B |
Revenue Actual | 1.05B | 1.10B | 1.09B | 1.03B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Floor & Decor Hldgs management provided guidance for FY 2023, expecting earnings between $2.55 and $2.85 per share.
To track all earnings releases for Floor & Decor Hldgs visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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