La-Z-Boy Inc reports results for the quarter ended in January - Earnings Summary

La-Z-Boy

21/02/2023 22:37

* La-Z-Boy Inc  LZB.N  reported quarterly adjusted earnings
of 91
cents​​ per share for the quarter ended in January. The mean
expectation of three analysts for the quarter was for earnings
of 66 cents per share.
    * Revenue rose 0.2% to $572.72 million from a year ago;
analysts
expected $529.57 million. 
    * La-Z-Boy Inc's reported EPS for the quarter was 74 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
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 risen by 26.4% this quarter.
    * The company reported quarterly net income of $31.73
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 Refinitiv data February
21 at 10:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      0.66           0.91           Beat
 Oct. 31 2022      0.85           1.05           Beat
 Jul. 31 2022      0.67           0.91           Beat
 Apr. 30 2022      0.92           1.07           Beat