La-Z-Boy Inc reports results for the quarter ended January 31 - Earnings Summary
18/02/2025 23:28
* La-Z-Boy Inc LZB.N reported quarterly adjusted earnings
of 68
cents per share for the quarter ended January 31, higher than
the same quarter last year, when the company reported EPS of 67
cents. The mean expectation of three analysts for the quarter
was for earnings of 68 cents per share. Wall Street expected
results to range from 64 cents to 72 cents per share.
* Revenue rose 4.3% to $521.78 million from a year ago;
analysts
expected $516.54 million.
* La-Z-Boy Inc's reported EPS for the quarter was 68 cents.
* The company reported quarterly net income of $28.43
million.
* La-Z-Boy Inc shares had risen by 4.3% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 2.8%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the home
furnishings
peer group is also "hold"
Wall Street's median 12-month price target for La-Z-Boy Inc is
$46.00
This summary was machine generated from LSEG data February 18 at
11:27 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
Jan. 31 2025 0.68 0.68 Met
Oct. 31 2024 0.64 0.71 Beat
Jul. 31 2024 0.60 0.62 Beat
Apr. 30 2024 0.70 0.95 Beat