La-Z-Boy Inc expected to post earnings of 66cents a share - Earnings Preview
18/02/2023 01:09
* La-Z-Boy Inc LZB.N LZB is expected to show a fall in
quarterly revenue when it reports results on February 21.
* The Monroe Michigan-based company is expected to report
a
7.3% decrease in revenue to $529.573 million from $571.57
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
November 30 2022, for the period ended January 31, was for
revenue between $525.00 million and $535.00 million.
* Refinitiv's mean analyst estimate for La-Z-Boy Inc is for
earnings of 66 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 was unchanged in
the last
three months.
* Wall Street's median 12-month price target for La-Z-Boy
Inc is
$43, above its last closing price of $28.84.
The company's guidance on November 30 2022 for the period ended
January 31 was for Earnings before Interest and Taxes between
USD36.75 million and USD40.125 million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Oct. 31 2022 0.86 0.85 1.05 Beat 23
Jul. 31 2022 0.67 0.67 0.91 Beat 35.1
Apr. 30 2022 0.92 1.07 Beat 16.3
Jan. 31 2022 0.89 0.89 0.65 Missed -27.2
Oct. 0.73 0.73 0.85 Beat 16.4
31 2021
Jul. 31 2021 0.56 0.56 0.55 Missed -2.4
Apr. 30 2021 0.74 0.74 0.87 Beat 17
Jan. 31 2021 0.70 0.70 0.74 Beat 5.2
This summary was machine generated February 18 at 01:09 GMT.
All figures in US dollars unless otherwise stated