NYSE$LCII

LCI Industries · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

LCI Industries reported a 5% increase in net sales and net income grew to $28.8 million, or $1.14 per diluted share.

LCI Industries reported a 5% increase in net sales for the fourth quarter of 2019, driven by acquisitions and organic growth in adjacent industries OEM, aftermarket, and international markets. Net income increased to $28.8 million, or $1.14 per diluted share.

  • Net sales increased by 5% year-over-year to $564.0 million.
  • Net income grew to $28.8 million, or $1.14 per diluted share.
  • Adjacent industries OEM sales grew by 8% year-over-year to $158.0 million.
  • Aftermarket Segment sales grew by 35% year-over-year to $68.8 million.

Headline financials

Total Revenue

$564M

Previous: $537M+5.1%
EPS (adj)

$1.14

Previous: $0.82+39.0%
Capital Expenditures

$10.4M

Previous: $27.3M-61.8%
Free Cash Flow

$49.5M

Previous: $21.7M+128.2%
Net Income

$28.8M

Previous: $20.2M+42.7%
Operating Income

$37.6M

Previous: $29.5M+27.5%
Gross Profit

$122M

Previous: $103M+18.6%
Cash & Equivalents

$35.4M

Previous: $14.9M+137.1%
Total Assets

$1.86B

Previous: $1.24B+49.7%
Stock-Based Comp

$4.02M

Previous: $213K+1785.4%

Revenue & EPS history

LCI · Revenue · Quarterly

$564M

Q4 2019+5.1%vs Q4 2018
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

LCI · $564M total across 4 segments · Q4 2019

  • Travel Trailers and Fifth-Wheels
    $303M
  • Adjacent Industries OEMs
    $158M
  • Aftermarket Segment
    $68.8M
  • Motorhomes
    $34.5M

Forward guidance

LCI Industries is focused on delivering new products, leveraging core competencies, driving efficiencies, and realizing synergies from acquisitions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.4%

Avg return

Earnings day

+1.4%

Avg return

5 days after

-0.4%

Avg return

30 days after

54%

35 / 65 earnings

Positive

+14.4%

Q2 2018

Best reaction

-13.7%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.9%+11.4%-10.1%
Q4 2025-0.9%-7.9%-23.8%
Q3 2025+5.7%+18.2%+25.7%
Q1 2025+6.0%+8.6%+12.4%
Q4 2024+5.7%+8.4%-14.2%
Q3 2024-3.1%-5.0%-1.5%
Q2 2024+6.8%+7.0%+9.0%
Q1 2024+8.4%+10.1%-0.7%
Q4 2023+4.5%-3.1%+6.8%
Q3 2023-2.9%-3.4%+1.9%
Q2 2023-7.1%-5.6%-12.8%
Q1 2023-5.9%-8.7%+4.8%
Q4 2022+1.2%+1.1%-7.2%
Q3 2022-13.7%-13.2%-6.6%
Q2 2022+2.7%+0.8%-10.6%
Q1 2022+0.5%+9.1%+8.1%
Q4 2021-2.2%+3.1%-8.4%
Q3 2021+5.3%+6.1%+10.9%
Q2 2021-1.2%+1.2%-3.5%
Q1 2021-2.2%-1.5%+0.6%
Q4 2020-5.6%-3.1%-4.1%
Q3 2020+3.3%+10.4%+18.2%
Q2 2020+3.9%-2.2%-9.7%
Q1 2020-7.7%-5.6%+14.1%
Q4 2019-1.6%-2.8%-34.3%
Q3 2019+2.7%+2.4%+0.1%
Q2 2019+7.3%+8.7%+1.7%
Q1 2019+3.7%+1.0%-4.1%
Q4 2018-1.3%+4.6%+0.9%
Q3 2018+13.7%+12.4%+11.6%
Q2 2018+14.4%+11.8%+5.8%
Q1 2018-1.7%-8.2%-13.1%
Q4 2017+3.3%+4.5%+0.3%
Q3 2017-3.7%-5.9%+5.8%
Q2 2017-4.1%-8.7%-4.8%
Q1 2017-6.2%-8.1%-8.9%
Q4 2016-1.9%-1.8%-7.8%
Q3 2016-1.5%+1.6%+17.9%
Q2 2016+4.2%+7.3%+14.3%
Q1 2016+10.9%
Q4 2015+5.2%
Q3 2015+0.7%
Q2 2015-4.0%
Q1 2015-2.9%
Q4 2014+11.5%
Q3 2014-1.9%
Q2 2014-5.0%
Q1 2014-0.2%
Q4 2013+6.5%
Q3 2013+3.2%
Q2 2013+5.1%
Q1 2013+1.7%
Q4 2012-7.4%
Q3 2012+0.8%
Q2 2012+11.9%
Q1 2011-1.8%
Q1 2012+3.0%
Q4 2009-0.8%
Q4 2011-0.8%
Q3 2011-3.4%
Q3 2010-3.4%
Q2 2010+4.2%
Q2 2011+4.2%
Q4 2010+4.2%
Q1 2010+14.1%

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