La-Z-Boy Inc expected to post earnings of 60 cents a share - Earnings Preview
16/08/2024 22:01
* La-Z-Boy Inc LZB.N LZB is expected to show a fall in
quarterly revenue when it reports results on August 20 for the
period ending July 31 2024
* The Monroe Michigan-based company is expected to report a
0.4% decrease in revenue to $479.696 million from $481.65
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on June 17
2024, for the period ended July 31, was for revenue between
$475.00 million and $495.00 million.
* LSEG's mean analyst estimate for La-Z-Boy Inc is for
earnings
of 60 cents per share.
* 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 mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.
* Wall Street's median 12-month price target for La-Z-Boy
Inc is
$45.00, above its last closing price of $41.96.
The company's guidance on June 17 2024 for the period ended July
31 was for Earnings before Interest and Taxes between USD28.5
million and USD34.65 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Apr. 30 2024 0.69 0.70 0.95 Beat 36.4
Jan. 31 2024 0.55 0.72 0.67 Missed -7.4
Jan. 1 0001 0.62 0.62 0.74 Beat 19.4
Jul. 31 2023 0.55 0.55 0.62 Beat 12
Jan. 0.72 0.72 0.99 Beat 37.5
1 0001
Jan. 31 2023 0.66 0.66 0.91 Beat 38.6
Jan. 1 0001 0.86 0.85 1.05 Beat 23
Jan. 1 0001 0.67 0.67 0.91 Beat 35.1
This summary was machine generated August 16 at 21:01 GMT. 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)