La-Z-Boy Inc expected to post earnings of 92  cents a share - Earnings Preview

La-Z-Boy

17/06/2022 21:09

* La-Z-Boy Inc  LZB.N   LZB  is expected to show a rise in
quarterly revenue when it reports  results on June 21. 
    * The Monroe Michigan-based  company is expected to report 
a
28.0% increase in revenue to $664.912 million from $519.47
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 92 cents per share. For the same quarter last year,
the company reported earnings of 87 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
$43​, above​ its last closing price of $22.53. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2022  0.89        0.89       0.65      Missed  -27.2
 Oct. 31 2022  0.73        0.73       0.85      Beat    16.4
 Jul. 31 2021  0.56        0.56       0.55      Missed  -2.4​
 Apr. 30 2021  0.74        0.74       0.87      Beat    17
 ​​Jan.        0.70        0.70       0.74      Beat    5.2
 31 2021                                                
 Oct. 31 2020  0.50        0.50       0.82      Beat    65.1​
 Jul. 31 2020  -0.07       -0.13      0.18      Beat    238.5
 Apr. 30 2020  0.12        0.20       0.49      Beat    142
 This summary was machine generated June 17 at 20:09 GMT.  All
figures in US dollars  unless otherwise stated