Earnings Preview: La-Z-Boy

On Tuesday, August 18, La-Z-Boy 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

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

Posted In: Earnings