LCII Earnings Prediction
The chart below shows how LCII performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LCII sees a -0.28% change in stock price 10 days leading up to the earnings, and a +1.65% change 10 days following the report. On the earnings day itself, the stock moves by -0.46%. This data can give you a slight idea of what to expect for the next quarter's release.
LCII Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
915.50M
-4.57%
-13.19%
Gross Margin
24.03%
9.28%
-4.91%
Operating Margin
5.89%
24.00%
-31.43%
Net Margin
3.89%
44.07%
-32.93%
EPS
1.39
36.27%
-42.08%
No Data Available
LCII Earnings Analysis
LCI Industries Corporation (LCII.N) Earnings Conference Call
Positive
Cash Flow Performance: 1. Strong Cash Generation: LCI Industries generated $402 million in operating cash flow over the past 12 months, demonstrating robust financial health and operational efficiency.
Operating Income Increase: 2. Profit Growth: Operating income increased by 18% year-over-year, driven by operational improvements and cost management initiatives, reflecting effective management strategies.
Warranty Cost Savings: 3. Warranty Cost Reduction: The company successfully reduced warranty costs by $10 million during the quarter, contributing to improved profitability and operational efficiency.
Aftermarket Sales Surge: 4. Increased Aftermarket Sales: The aftermarket division achieved an operating profit margin of 13.9%, showcasing strong performance despite market challenges, with sales through Camping World increasing by 47%.
Market Share Expansion: 5. Market Share Gains: LCI Industries gained market share in its top five RV product categories, which accounted for approximately 71% of its total RV OEM business, indicating strong competitive positioning.
Negative
Net Sales Decline: 1. Decline in Net Sales: Consolidated net sales for Q3 2024 were $915 million, a decrease of 5% from Q3 2023, primarily due to continued retail demand softness in the RV and marine markets.
OEM Sales Decline: 2. OEM Net Sales Drop: OEM net sales for Q3 2024 were $685 million, down 6% from the same period in 2023, with RV OEM net sales specifically declining by 2% to $422 million due to a 22% decrease in motorhome wholesale shipments.
Adjacent Industries Decline: 3. Adjacent Markets Struggle: Adjacent Industries OEM net sales decreased by 12% year-over-year to $262 million, primarily driven by a 16% decline in marine sales due to inflation and high interest rates impacting retail demand.
International Sales Drop: 4. International Sales Decline: International sales fell by 9% year-over-year, largely due to softening demand in marine and RV markets, despite some strength in the rail market.
Marine Sector Challenges: 5. Negative Outlook for Marine Sector: The company expects continued softness in the marine industry for the remainder of 2024 and into 2025, indicating ongoing challenges in that segment.
LCII FAQs
How does LCII typically perform around its earnings report dates?
Is LCI Industries (LCII) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
LCII Earning Call Sentiment
LCI Industries (LCII) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LCII.N
-1.35%Positive
The earnings call presented mixed signals. Financial performance showed declines in sales but improvement in margins and net income. The Q&A revealed uncertainties, such as lack of clarity on tariff impacts and raw material imports, but also highlighted growth in the aftermarket and potential M&A activity. The positive aspects like improved margins and strategic plans were offset by sales declines and management's unclear responses. The market cap suggests moderate reactions, leading to a neutral stock price prediction within -2% to 2% over the next two weeks.
