Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
LCI Industries (LCII)
NYSE:LCII
Holding LCII?
Track your performance easily
Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.28Last Year’s EPS
-$0.09Same Quarter Last Year
Based on 6 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -11.78%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in operating margin improvements, automotive aftermarket growth, and product innovation. However, these were offset by declines in net sales, particularly in OEM and international markets, and ongoing challenges in the marine sector. The company is optimistic about future growth driven by product innovation and market share expansion.Company Guidance
During the LCI Industries Q3 2024 earnings call, the company provided guidance and highlighted several key metrics amidst industry headwinds. Net sales for the quarter declined by 5% to $915 million, while operating income grew by 18%. Operating margin improved by 100 basis points, driven by cost management initiatives. The RV OEM segment reported net sales of $419 million, down 2%, with content per towable RV at $5,131 and content per motorhome RV at $3,739. The aftermarket segment remained flat at $231 million, with a notable 7% increase in sales from the CURT product family. Looking ahead, LCI Industries anticipates the RV industry's wholesale shipments to reach 345,000 units in 2025, potentially generating over $100 million in additional sales. The company continues to focus on innovation, with products like Touring Coil Suspension and Anti-Lock Brakes poised to capture market share in a combined addressable market of $300 million to $350 million. Additionally, LCI expects overall Q4 revenue to decline 4% to 5% year-over-year, maintaining a full-year projection range of 315,000 to 325,000 wholesale units.Operating Margin Improvement
Operating margin increased by 100 basis points, and operating income dollars grew 18% due to operational improvements and cost management initiatives.
Automotive Aftermarket Growth
Automotive aftermarket sales increased by 7% in the quarter, with Lippert products through Camping World stores increasing by 47%.
Product Innovation and Market Share Gains
Introductions of new products like Touring Coil Suspension and Anti-Lock Brakes have been well-received, with significant market share gains in RV OEM categories such as appliances, awnings, chassis, furniture, and windows.
Community Service and Cultural Achievements
Lippert received the Community Impact Award and the 5 Star AchieveWELL Award, and completed over one million hours of community service since 2017.
Improved Cash Flow and Reduced Leverage
Operating cash generation of $402 million over the past 12 months reduced leverage to 2x, with $161 million in cash and cash equivalents by end of Q3 2024.
---
LCII Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
LCII Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $118.62 | $114.06 | -3.84% |
| Aug 06, 2024 | $102.42 | $109.65 | +7.06% |
| May 08, 2024 | $102.09 | $108.13 | +5.92% |
| Feb 13, 2024 | $112.44 | $110.71 | -1.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does LCI Industries (LCII) report earnings?
LCI Industries (LCII) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is LCI Industries (LCII) earnings time?
LCI Industries (LCII) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LCII EPS forecast?
LCII EPS forecast for the fiscal quarter 2024 (Q4) is $0.28.
---