LCI: 2Q Earnings Snapshot
ELKHART, Ind. (AP) _ LCI Industries (LCII) on Tuesday reported second-quarter earnings of $47.5 million.
The Elkhart, Indiana-based company said it had profit of $1.89 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.
The recreational vehicle parts supplier posted revenue of $629.1 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $659.1 million.
LCI shares have climbed 27% since the beginning of the year. The stock has dropped 16% in the last 12 months.