Ethan Allen Interiors Q1 EPS $0.63 Misses $0.72 Estimate, Sales $163.89M Miss $168.20M Estimate
Portfolio Pulse from totan@benzinga.com
Ethan Allen Interiors (NYSE:ETD) reported Q1 earnings of $0.63 per share, missing the analyst consensus estimate of $0.72 by 12.5%. This is a 43.24% decrease from the same period last year. The company also reported quarterly sales of $163.89 million, missing the analyst consensus estimate of $168.20 million by 2.56%. This is a 23.60% decrease from the same period last year.
October 25, 2023 | 8:25 pm
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NEGATIVE IMPACT
Ethan Allen Interiors' Q1 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock price in the short term.
Ethan Allen Interiors reported lower than expected earnings and sales for Q1, with a significant decrease from the same period last year. This could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100