Floor & Decor (NYSE:FND – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.650-1.750 for the period, compared to the consensus estimate of 1.680. The company issued revenue guidance of $4.4 billion-$4.4 billion, compared to the consensus revenue estimate of $4.5 billion. Floor & Decor also updated its FY24 guidance to ~$1.65-1.75 EPS.
Floor & Decor Stock Performance
NYSE FND traded up $0.71 on Friday, reaching $103.76. 1,190,414 shares of the stock were exchanged, compared to its average volume of 1,429,009. The firm has a market capitalization of $11.12 billion, a PE ratio of 57.64, a PEG ratio of 13.59 and a beta of 1.80. Floor & Decor has a one year low of $76.30 and a one year high of $135.67. The company’s 50-day simple moving average is $111.62 and its two-hundred day simple moving average is $108.78. The company has a current ratio of 1.17, a quick ratio of 0.27 and a debt-to-equity ratio of 0.10.
Floor & Decor (NYSE:FND – Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.06. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.14 billion. Floor & Decor had a net margin of 4.45% and a return on equity of 9.84%. Floor & Decor’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.61 EPS. Analysts expect that Floor & Decor will post 1.66 EPS for the current fiscal year.
Analysts Set New Price Targets
Check Out Our Latest Research Report on FND
About Floor & Decor
Floor & Decor Holdings, Inc together with its subsidiaries, operates as a multi-channel specialty retailer of hard surface flooring and related accessories, and commercial surfaces seller in Georgia. The company offers tile, wood, laminate, vinyl, and natural stone flooring products, as well as decorative accessories, wall tiles, and installation materials and tools; and vanities, shower doors, bath accessories, faucets, sinks, custom countertops, bathroom mirrors, and bathroom lighting.
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