Lumber Liquidators: 1Q Earnings Snapshot

Lumber Liquidators: 1Q Earnings Snapshot

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TOANO, Va. (AP) _ Lumber Liquidators Holdings Inc. (LL) on Tuesday reported a loss of $4.9 million in its first quarter.

On a per-share basis, the Toano, Virginia-based company said it had a loss of 17 cents.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The hardwood floors retailer posted revenue of $266.2 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $267.8 million.

Lumber Liquidators shares have risen 37% since the beginning of the year. The stock has fallen 47% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LL at https://www.zacks.com/ap/LL

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