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How Will Lumber Liquidators (LL) Stock Be Affected by Earnings Results?

NEW YORK (TheStreet) -- Lumber Liquidators (LL - Get Report) is scheduled to release its 2015 third quarter earnings results before the market open on Wednesday morning.

Analysts are expecting that the hardwood flooring retailer will report a quarterly loss for the most recent quarter on revenue that has declined year over year.

Lumber Liquidators has been forecast to report a loss of 18 cents per share on revenue of $259.77 million for the three month period ending in September, according to analysts surveyed by Thomson Reuters.

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The company's earnings came in at 58 cents per diluted share on revenue of $266.1 million for the 2014 third quarter.

The company has been struggling to get out from under a scandal that started at the beginning of the year in which it was alleged that Lumber Liquidators' China made flooring materials that contained dangerous levels of the chemical formaldehyde.

The issue led to a change in leadership at the company and the removal of the product from shelves, although Lumber Liquidators stood behind the safety of its products.

Shares of Lumber Liquidators closed higher by 1.61% to $14.23 on Tuesday...


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