Haverty Furniture Cos HVT is set to give its latest quarterly earnings report on Tuesday, 2023-05-02. Here's what investors need to know before the announcement.
Analysts estimate that Haverty Furniture Cos will report an earnings per share (EPS) of $0.78.
Haverty Furniture Cos bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company beat EPS by $0.12, which was followed by a 5.91% increase in the share price the next day.
Here's a look at Haverty Furniture Cos's past performance and the resulting price change:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.30 | 0.94 | 0.74 | |
| EPS Actual | 1.42 | 1.46 | 1.27 | 1.11 |
| Price Change % | 5.91% | 2.98% | 4.34% | 5.13% |
Stock Performance
Shares of Haverty Furniture Cos were trading at $30.14 as of April 28. Over the last 52-week period, shares are up 11.05%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Haverty Furniture Cos visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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