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La-Z-Boy (NYSE:LZB) unveils its next round of earnings this Tuesday, Feb. 19. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement
Earnings and Revenue
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Wall Street analysts see La-Z-Boy reporting earnings of 55 cents per share on sales of $457.61 million.
La-Z-Boy earnings in the same period a year ago was 51 cents. Quarterly sales came in at $413.63 million. If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 7.84 percent. Revenue would be have grown 10.63 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
| EPS Estimate | 0.43 | 0.25 | 0.64 | 0.46 |
| EPS Actual | 0.48 | 0.34 | 0.66 | 0.51 |
Stock Performance
Over the last 52-week period, shares are up 7.2 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on La-Z-Boy stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.