La-Z-Boy Inc expected to post earnings of 85cents a share - Earnings Preview
28/11/2022 21:23
* La-Z-Boy Inc LZB.N LZB is expected to show a rise in
quarterly revenue when it reports results on November 30.
* The Monroe Michigan-based company is expected to report
a
3.8% increase in revenue to $598.029 million from $575.89
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
August 24 2022, for the period ended October 31, was for revenue
between $590.00 million and $605.00 million.
* Refinitiv's mean analyst estimate for La-Z-Boy Inc is for
earnings of 85 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 $26.51.
The company's guidance on August 24 2022 for the period ended
October 31 was for Earnings before Interest and Taxes between
USD47.2 million and USD51.425 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
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. 31 2021 0.73 0.73 0.85 Beat 16.4
Jul. 0.56 0.56 0.55 Missed -2.4
31 2021
Apr. 30 2021 0.74 0.74 0.87 Beat 17
Jan. 31 2021 0.70 0.70 0.74 Beat 5.2
Oct. 31 2020 0.50 0.50 0.82 Beat 65.1
This summary was machine generated November 28 at 21:23 GMT.
All figures in US dollars unless otherwise stated