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On Tuesday, August 18, La-Z-Boy (NYSE:LZB) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
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Based on management's projections, La-Z-Boy analysts modeled for a loss of $0.13 per share on sales of $289.74 million. La-Z-Boy earnings in the same period a year ago was $0.42 per share. Quarterly sales came in at $413.63 million. If the company were to post earnings per share in-line with the consensus estimate when it reports Tuesday, EPS would be down 130.95%. Sales would have fallen 29.95% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2020 | Q3 2020 | Q2 2019 | Q1 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.20 | 0.64 | 0.54 | 0.34 |
| EPS Actual | 0.49 | 0.72 | 0.52 | 0.42 |
| Revenue Estimate | 384.96 M | 481.36 M | 454.39 M | 415.95 M |
| Revenue Actual | 367.28 M | 475.86 M | 447.21 M | 413.63 M |
Stock Performance
Over the last 52-week period, shares of La-Z-Boy are up 5.13%.
Don't be surprised to see the stock move on comments made during its conference call. La-Z-Boy is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/1097/36268
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.