Insights Ahead: La-Z-Boy's Quarterly Earnings

La-Z-Boy LZB is preparing to release its quarterly earnings on Tuesday, 2024-11-19. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect La-Z-Boy to report an earnings per share (EPS) of $0.64.

Anticipation surrounds La-Z-Boy's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

The company's EPS beat by $0.02 in the last quarter, leading to a 3.49% drop in the share price on the following day.

Here's a look at La-Z-Boy's past performance and the resulting price change:

Stock Performance

Shares of La-Z-Boy were trading at $42.79 as of November 15. Over the last 52-week period, shares are up 36.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for La-Z-Boy visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.