La-Z-Boy Inc reports results for the quarter ended April 30 - Earnings Summary
La-Z-Boy Inc reports results for the quarter ended April 30 - Earnings Summary
La-Z-Boy Inc LZB.N reported quarterly adjusted earnings of $1.26 per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 92 cents. The mean expectation of three analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 80 cents to 85 cents per share.
Revenue fell 0.1% to $570.34 million from a year ago; analysts expected $569.23 million.
La-Z-Boy Inc's reported EPS for the quarter was 81 cents.
The company reported quarterly net income of $33.27 million.
La-Z-Boy Inc shares had risen by 17.5% this quarter and gained 1.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the home furnishings peer group is "hold."
Wall Street's median 12-month price target for La-Z-Boy Inc is $44.50, about 21.2% above its last closing price of $35.06
This summary was machine generated from LSEG data June 16 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Apr. 30 2026 | 0.82 | 1.26 | Beat |
Jan. 31 2026 | 0.65 | 0.61 | Missed |
Oct. 31 2025 | 0.61 | 0.71 | Beat |
Jul. 31 2025 | 0.55 | 0.47 | Missed |