LCI Industries (LCII) stock is soaring 5.05% in intraday trading on Thursday, following the company's impressive third-quarter financial results that exceeded analyst expectations. The recreational vehicle (RV) and marine components manufacturer reported strong performance across its key segments, coupled with an optimistic outlook for the coming months.
The company's Q3 adjusted earnings per share came in at $1.97, significantly beating the consensus estimate of $1.44. Revenue for the quarter reached $1.04 billion, up 13% year-over-year and surpassing the analyst expectations of $963.74 million. This robust financial performance was driven by growth in both the RV OEM and Aftermarket segments. The RV OEM segment saw an 11% increase in net sales, attributed to sales price increases, higher content in fifth-wheel units, and market share gains in North America. Meanwhile, the Aftermarket segment experienced a 7% growth, fueled by product innovations and increased demand for upgrade and service parts.
Adding to the positive sentiment, LCI Industries provided an encouraging outlook for the near future. The company projects October 2025 net sales at $380 million, representing a 15% increase from the prior year. Furthermore, LCI Industries expects its 2025 operating profit margin to improve by 85 basis points, with a forecast of 7.0% to 8.0% operating profit margin for 2026. This optimistic guidance, combined with the company's strong Q3 performance and successful diversification strategy, has instilled confidence among investors, leading to today's significant stock price surge.
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