La-Z-Boy Inc reports results for the quarter ended October 31 - Earnings Summary
19/11/2024 22:02
* La-Z-Boy Inc LZB.N reported quarterly adjusted earnings
of 71
cents per share for the quarter ended October 31, lower than
the same quarter last year, when the company reported EPS of 74
cents. The mean expectation of three analysts for the quarter
was for earnings of 64 cents per share. Wall Street expected
results to range from 63 cents to 65 cents per share.
* Revenue rose 1.9% to $521.03 million from a year ago;
analysts
expected $505.98 million.
* La-Z-Boy Inc's reported EPS for the quarter was 71 cents.
* The company reported quarterly net income of $30.04
million.
* La-Z-Boy Inc shares had fallen by 0.3% this quarter and
gained 15.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 12.7%
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
$43.00
This summary was machine generated from LSEG data November 19 at
10:01 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
Oct. 31 2024 0.64 0.71 Beat
Jul. 31 2024 0.60 0.62 Beat
Apr. 30 2024 0.70 0.95 Beat
Jan. 31 2024 0.72 0.67 Missed