Earnings Preview For La-Z-Boy
Portfolio Pulse from Benzinga Insights
La-Z-Boy (NYSE:LZB) is scheduled to release its quarterly earnings report on February 20, 2024, with analysts expecting an EPS of $0.74. Historical data shows La-Z-Boy has a mixed record of beating EPS estimates, with share price reactions varying accordingly. Shares have risen 38.39% over the last 52 weeks, indicating a positive outlook among long-term shareholders.
February 19, 2024 | 6:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
La-Z-Boy is expected to report an EPS of $0.74 for the upcoming quarter. Historical performance shows variability in stock price reaction to earnings reports. Shares have seen a significant increase over the past year.
Given La-Z-Boy's history of beating EPS estimates and the positive trend in its share price over the past year, there is a likelihood of a positive short-term impact on LZB's stock price following the earnings report. However, the actual movement will heavily depend on whether the company meets or exceeds the EPS expectations and the forward guidance provided.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100