Ethan Allen Interiors Inc reports results for the quarter ended in December - Earnings Summary

Ethan Allen Interiors

24/01/2024 22:01

* Ethan Allen Interiors Inc  ETD.N  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of $1.10.  The mean expectation of
two analysts for the quarter was for earnings of 76 cents per
share. Wall Street expected results to range from 68 cents to 84
cents per share.
    * Revenue fell 17.7% to $167.28 million from a year ago;
analysts
expected $179.20 million. 
    * Ethan Allen Interiors Inc's reported EPS for the quarter
was 68
cents​.
    * The company reported quarterly net income of $17.41
million.
    * Ethan Allen Interiors Inc shares had fallen by 7.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the home
furnishings
peer group is also "buy"

Wall Street's median 12-month price target for Ethan Allen
Interiors Inc is $30.00 
This summary was machine generated from LSEG data January 24 at
10:00 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.76           0.67           Missed
 Sep. 30 2023      0.72           0.63           Missed
 Jun. 30 2023      0.83           0.96           Beat
 Mar. 31 2023      0.79           0.86           Beat