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

Ethan Allen Interiors

31/07/2024 22:41

* Ethan Allen Interiors Inc  ETD.N  reported quarterly
adjusted
earnings of 70 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 96 cents.  The mean expectation of two analysts
for the quarter was for earnings of 57 cents per share. Wall
Street expected results to range from 54 cents to 60 cents per
share.
    * Revenue fell 10% to $168.63 million from a year ago;
analysts
expected $159.65 million. 
    * Ethan Allen Interiors Inc's reported EPS for the quarter
was 72
cents​.
    * The company reported quarterly net income of $18.51
million.
    * Ethan Allen Interiors Inc shares had risen by 10.3% this
quarter and lost 3.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 July 31 at
09:40 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
 Jun. 30 2024      0.57           0.70           Beat
 Mar. 31 2024      0.64           0.48           Missed
 Dec. 31 2023      0.76           0.67           Missed
 Sep. 30 2023      0.72           0.63           Missed