La-Z-Boy Inc expected to post earnings of 67  cents a share - Earnings Preview

La-Z-Boy

19/08/2022 21:22

* La-Z-Boy Inc  LZB.N   LZB  is expected to show a rise in
quarterly revenue when it reports  results on August 23. 
    * The Monroe Michigan-based  company is expected to report 
a
7.9% increase in revenue to $566.101 million from $524.78
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for La-Z-Boy Inc is for
earnings of 67 cents per share. For the same quarter last year,
the company reported earnings of 55 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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
$37.5​, above​ its last closing price of $30.24. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Apr. 30 2022              0.92       1.07      Beat    16.3
 Jan. 31 2022  0.89        0.89       0.65      Missed  -27.2
 Oct. 31 2021  0.73        0.73       0.85      Beat    16.4​
 Jul. 31 2021  0.56        0.56       0.55      Missed  -2.4
 ​​Apr.        0.74        0.74       0.87      Beat    17
 30 2021                                                
 Jan. 31 2021  0.70        0.70       0.74      Beat    5.2​
 Oct. 31 2020  0.50        0.50       0.82      Beat    65.1
 Jul. 31 2020  -0.07       -0.13      0.18      Beat    238.5
 This summary was machine generated August 19 at 20:22 GMT.  All
figures in US dollars  unless otherwise stated