Benzinga | Aug 2, 2021 10:59AM EDT

LCI Industries's Earnings: A Preview

On Tuesday, August 03, LCI Industries (NYSE:LCII) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see LCI Industries reporting earnings of $2.71 per share on sales of $1.04 billion. LCI Industries EPS in the same period a year ago totaled $0.54. Sales were $525.76 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Tuesday, quarterly profit would be up 401.85%. Sales would be have grown 97.81% from the same quarter last year. LCI Industries's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 2.23 1.79 2.42 -0.16EPS Actual 2.93 1.92 2.72 0.54Revenue Estimate 898.40 M 723.12 M 798.95 M 421.45 MRevenue Actual 1.00 B 783.00 M 827.73 M 525.76 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of LCI Industries were trading at $145.82 as of July 30. Over the last 52-week period, shares are up 17.22%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. LCI Industries is scheduled to hold the call at 08:30:00 ET and can be accessed here.