LCI Industries Full Year 2022 Earnings: EPS Misses Expectations
LCI Industries (NYSE:LCII) Full Year 2022 Results
Key Financial Results
Revenue: US$5.21b (up 16% from FY 2021).
Net income: US$395.0m (up 37% from FY 2021).
Profit margin: 7.6% (up from 6.4% in FY 2021). The increase in margin was driven by higher revenue.
EPS: US$15.57 (up from US$11.39 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LCI Industries EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.9%.
Looking ahead, revenue is expected to decline by 7.7% p.a. on average during the next 2 years, while revenues in the Auto Components industry in the US are expected to grow by 15%.
Performance of the American Auto Components industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with LCI Industries (at least 1 which is a bit unpleasant), and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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