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Lumber Liquidators Holdings Inc (NYSE:LL) updated its second quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.59-0.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.90, American Banking & Market News reports. The company issued revenue guidance of $263.1 million, compared to the consensus revenue estimate of $302.76 million.Lumber Liquidators Holdings also updated its FY14 guidance to $2.65-3.00 EPS.

Several analysts have recently commented on the stock. Analysts at Goldman Sachs reiterated a buy rating on shares of Lumber Liquidators Holdings in a research note on Tuesday, July 1st. They now have a $100.00 price target on the stock. On a related note, analysts at Morgan Stanley initiated coverage on shares of Lumber Liquidators Holdings in a research note on Tuesday, June 24th. They set an equal weight rating and a $84.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Lumber Liquidators Holdings from a neutral rating to an underperform rating in a research note on Tuesday, June 17th. They now have a $74.80 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of $107.48.

Shares of Lumber Liquidators Holdings Inc (NYSE:LL) traded down 8.06% on Wednesday, hitting $70.42. 5,778,580 shares of the company’s stock traded hands. Lumber Liquidators Holdings Inc has a 1-year low of $72.86 and a 1-year high of $119.98. The stock has a 50-day moving average of $78.08 and a 200-day moving average of $91.2. The company has a market cap of $1.931 billion and a P/E ratio of 28.47.

Lumber Liquidators Holdings (NYSE:LL) last announced its earnings results on Wednesday, April 30th. The company reported $0.49 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.62 by $0.13. The company had revenue of $246.30 million for the quarter, compared to the consensus estimate of $262.04 million. During the same quarter last year, the company posted $0.57 earnings per share. Lumber Liquidators Holdings’s revenue was up 6.9% compared to the same quarter last year. On average, analysts predict that Lumber Liquidators Holdings Inc will post $3.34 earnings per share for the current fiscal year.

Lumber Liquidators Holdings, Inc (NYSE:LL) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories.

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