Lumber Liquidators Hldgs (NYSE:LL) reported quarterly earnings of $0.13 per share which missed the analyst consensus estimate of $0.23 by 43.48 percent. This is a 68.29 percent decrease over earnings of $0.41 per share
The Meaning Behind Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.