ELKHART, Ind. (AP) 鈥� ELKHART, Ind. (AP) 鈥� LCI Industries (LCII) on Wednesday reported second-quarter profit of $67.1 million.
On a per-share basis, the Elkhart, Indiana-based company said it had profit of $2.75. Earnings, adjusted for one-time gains and costs, came to $2.70 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.63 per share.
The recreational vehicle parts supplier posted revenue of $968.7 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.13 billion.
LCI expects full-year earnings in the range of $8.25 to $8.75 per share, with revenue in the range of $3.9 billion to $4.1 billion.
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