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Market Overview

Earnings Preview: La-Z-Boy

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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

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

 

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Posted-In: Earnings