La-Z-Boy Inc reports results for the quarter ended in April - Earnings Summary
20/06/2023 22:01
* La-Z-Boy Inc LZB.N reported quarterly adjusted earnings
of 99
cents per share for the quarter ended in April. The mean
expectation of three analysts for the quarter was for earnings
of 72 cents per share.
* Revenue fell 18% to $561.29 million from a year ago;
analysts
expected $533.03 million.
* La-Z-Boy Inc's reported EPS for the quarter was 79 cents.
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
* La-Z-Boy Inc shares had fallen by 6.5% this quarter and
gained 19.1% so far this year.
* The company reported quarterly net income of $34.37
million.
* Wall Street's median 12-month price target for La-Z-Boy
Inc is
$43.00
* 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."
This summary was machine generated from LSEG Refinitiv data June
20 at 09:01 p.m. UTC. All figures in US dollars unless
otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Apr. 30 2023 0.72 0.99 Beat
Jan. 31 2023 0.66 0.91 Beat
Oct. 31 2022 0.85 1.05 Beat
Jul. 31 2022 0.67 0.91 Beat