=Floor & Decor (FND) reported earnings on Thur 2 Nov 2017 (b/o)

Floor & Decor beats by $0.03, beats on revs; guides Q4 EPS above consensus, revs above consensus; guides FY17 EPS above consensus, revs above consensus

• Reports Q3 (Sep) earnings of $0.17 per share, excluding non-recurring items, $0.03 better thanthe Capital IQ Consensus of $0.14 and versus company guidance of $0.12-$0.14; revenues rose 26.8% year/year to $343.9 mln vs the $338.62 mln Capital IQ Consensus and company guidance of $331-$337 mln.
• Comps +13.5%
• Co issues upside guidance for Q4, sees EPS of $0.14-$0.16, excluding non-recurring items, vs. $0.13 Capital IQ Consensus Estimate; sees Q4 revs of $362-$370 mln vs. $347.23 mln Capital IQ Consensus ; comps +17-19%
• Co issues upside guidance for FY17, sees EPS of $0.64-$0.65, excluding non-recurring items, vs. $0.60 Capital IQ Consensus Estimate and prior guidance of $0.57-$0.60; sees FY17 revs of $1.357-$1.365 bln vs. $1.34 bln Capital IQ Consensus Estimate and prior guidance of $1.318-$1.331 bln.