Haverty Furniture Companies Inc reports results for the quarter ended in January - Earnings Summary
01/05/2024 23:36
* Haverty Furniture Companies Inc HVT.N reported quarterly
adjusted earnings of 14 cents per share for the quarter ended
in January, lower than the same quarter last year, when the
company reported EPS of 74 cents. The mean expectation of
three analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 30 cents to 44
cents per share.
* Revenue fell 18.2% to $184.00 million from a year ago;
analysts
expected $196.46 million.
* Haverty Furniture Companies Inc's reported EPS for the
quarter
was 14 cents.
* The company reported quarterly net income of $2.39
million.
* Haverty Furniture Companies Inc shares had fallen by 9.7%
this
quarter and lost 13.2% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 43.5%
in the last three months.
* In the last 30 days, two analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the home
furnishings
retailers peer group is also "buy"
Wall Street's median 12-month price target for Haverty Furniture
Companies Inc is $42.00
This summary was machine generated from LSEG data May 1 at 10:36
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
Mar. 31 2024 0.36 0.14 Missed
Dec. 31 2023 0.99 0.90 Missed
Sep. 30 2023 0.91 1.02 Beat
Jun. 30 2023 0.84 0.70 Missed