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Lumber Liquidators Misses Q3 EPS by Wide Margin (LL)

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Lumber Liquidators Misses Q3 EPS by Wide Margin LL

Hardwood floor supplier Lumber Liquidators (NYSE: LL) reported Q3 EPS of 15c vs. 32c after the close today November 3rd. Lumber Liquidator shares are down nearly 13% after hours to the 21.60 level. Their Q3 revenue came in $147.2M vs. 161.47M. Net store sales were down 5.7% in Q3.

LL closed up 94c on the day or 3.4% ahead of their earnings release. The company lowered their 2010 EPS outlook to 93c-99c from 1.13-1.23. consensus is 1.19.

Day's Range: 23.95 - 25.07
52wk Range: 19.33 - 33.41

 

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