A Sneak Peek At Select Interior Concepts, Inc. ($SIC) 3Q20 Earnings

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Select Interior Concepts, Inc. (NASDAQ:SIC) is reporting third quarter financial results on Thursday 5th November 2020, before market open.

According to analysts surveyed by Thomson Reuters, SIC is expected to report 3Q20 income of $ 0.07 per share from revenue of $ 142.20 million.

For the full year, analysts anticipate top line of $ 547.10 million, while looking forward to loss of $ 0.2 per share bottom line.

Previous Quarter Performance

Select Interior Concepts, Inc. disclosed loss for the second quarter of $ 0.13 per share, from the revenue of $ 125.44 million. According to street consensus, SIC was expected to report 2Q20 loss of $ 0.10 per share from revenue of $ 133.70 million. The bottom line results missed street analysts by $ 0.03 or 30 percent, at the same time, top line results fell short of analysts by $ 8.26 million or 6.18 percent.

Stock Performance

Shares of Select Interior Concepts, Inc. traded up $ 0.15 or 2.11 percent on Wednesday, reaching $ 7.25 with volume of 23.20 thousand shares. Select Interior Concepts, Inc. has traded high as $ 7.26 and has cracked $ 6.95 on the downward trend

The closing price of $ 7.25, representing a 468.00 % increase from the 52 week low of $ 1.25 and a 35.98 % decrease over the 52 week high of $ 11.09.

The company has a market capital of $ 183.92 million and is part of the Consumer Cyclical sector and Residential Construction industry.

Conference Call

Select Interior Concepts, Inc. will be hosting a conference call at 9:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.selectinteriorconcepts.com

Select Interior Concepts, Inc. installs and distributes interior building products for residential interior design services markets in the United States. The company operates through two segments, Residential Design Services and Architectural Surfaces Group.