NEW YORK (TheStreet) -- Shares of Lumber Liquidators  (LL - Get Report)  were advancing in mid-afternoon trading on Friday as the company will report financial results for the 2016 third-quarter before Monday's opening bell. 

Analysts surveyed by FactSet expect Lumber Liquidators to post an adjusted loss of 18 cents per share on revenue of $231.8 million. 

For the same period last year, the Toano, VA-based hardwood flooring company reported an adjusted loss of 31 cents per share and $236.1 million in revenue. 

Lumber Liquidators is still recovering from a 2015 investigation into formaldehyde levels in its China-made laminate flooring.

In June, the company avoided a recall of the laminate flooring in settling its case with the Consumer Product Safety Commission.

Lumber Liquidators agreed to stop selling the flooring and said it would provide consumers with an at-home testing kit that measures formaldehyde levels.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

The team rates Lumber Liquidators as a Sell with a ratings score of D. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and poor profit margins.

You can view the full analysis from the report here: LL

LL Chart LL data by YCharts