Ethan Allen Interiors PT raised by Telsey Advisory

Ethan Allen Interiors

20/01/2023 14:11

** Telsey Advisory Group raises PT for home furnishings
retailer Ethan Allen Interiors Inc  ETD.N  to $27 from $25;
maintains "market perform" rating
    ** Brokerage expects company to report a "solid" Q2 with
operating margins staying high with a high mix of retail sales,
headcount reduction, manufacturing efficiencies and cost control
    ** Telsey expects company's orders to decline in Q2
    ** Brokerage sets Q2 EPS est at $0.92 vs analysts' est of
$0.89 - Refinitiv
    ** Ethan Allen set to report results next week
    ** Company's shares up ~5% this month as of last close
 (Reporting by Anirban Chakroborti in Bengaluru)
 ((Anirban.Chakroborti@thomsonreuters.com))