Earnings Beat: Floor & Decor Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Simply Wall St.11-02

Floor & Decor Holdings, Inc. (NYSE:FND) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following ...

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(NYSE:FND) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following ...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-beat-floor-decor-holdings-143856561.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Beat: Floor & Decor Holdings, Inc. 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Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-02 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/earnings-beat-floor-decor-holdings-143856561.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Floor & Decor Holdings, Inc. (NYSE:FND) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following ...</p>\n\n<a href=\"https://finance.yahoo.com/news/earnings-beat-floor-decor-holdings-143856561.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FND","symbol_name":"Floor & Decor Holdings Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/earnings-beat-floor-decor-holdings-143856561.html","article_id":"2480820153","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ShqGpf2BYHtUllDu_nMHew--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/4ec940bb6b8d63b30bf30e7b89f8e013"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480820153","pubTimestamp":1730558336,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Floor & Decor Holdings, Inc.  came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like a credible result overall - although revenues of US$1.1b were in line with what the analysts predicted, Floor & Decor Holdings surprised by delivering a statutory profit of US$0.48 per share, a notable 13% above expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.See our latest analysis for Floor & Decor Holdings. The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming tha","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"FND":"Floor & Decor Holdings Inc."},"translate_title":"盈利超出预期：Floor&Decor Holdings，Inc.刚刚超出分析师预期，分析师一直在更新他们的模型","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FND":0.9},"content_text":"Floor & Decor Holdings, Inc. (NYSE:FND) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like a credible result overall - although revenues of US$1.1b were in line with what the analysts predicted, Floor & Decor Holdings surprised by delivering a statutory profit of US$0.48 per share, a notable 13% above expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. \n See our latest analysis for Floor & Decor Holdings \n\n\n\n  NYSE:FND Earnings and Revenue Growth November 2nd 2024\n \n\n Taking into account the latest results, the most recent consensus for Floor & Decor Holdings from 25 analysts is for revenues of US$4.88b in 2025. If met, it would imply a decent 11% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 9.0% to US$1.99. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$4.96b and earnings per share (EPS) of US$2.02 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates. \n It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$104. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Floor & Decor Holdings at US$135 per share, while the most bearish prices it at US$64.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. \n One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Floor & Decor Holdings' revenue growth is expected to slow, with the forecast 8.7% annualised growth rate until the end of 2025 being well below the historical 18% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.8% annually. So it's pretty clear that, while Floor & Decor Holdings' revenue growth is expected to slow, it's still expected to grow faster than the industry itself. \nThe Bottom Line \n The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at US$104, with the latest estimates not enough to have an impact on their price targets. \n With that in mind, we wouldn't be too quick to come to a conclusion on Floor & Decor Holdings. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Floor & Decor Holdings going out to 2026, and you can see them free on our platform here.. \n You can also see whether Floor & Decor Holdings is carrying too much debt, and whether its balance sheet is healthy, for free  on our platform here. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.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.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480820153"}