Ethan Allen Interiors Q4 2024 Adj. EPS $0.70 Beats $0.57 Estimate, Sales $168.320M Beat $159.650M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ethan Allen Interiors (NYSE:ETD) reported Q4 2024 adjusted EPS of $0.70, beating the $0.57 estimate. Sales were $168.320M, surpassing the $159.650M estimate. However, both EPS and sales decreased compared to the same period last year.
July 31, 2024 | 8:59 pm
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Ethan Allen Interiors reported better-than-expected Q4 2024 earnings and sales, but both metrics declined year-over-year. The EPS of $0.70 beat the $0.57 estimate, and sales of $168.320M surpassed the $159.650M estimate. However, EPS decreased by 27.08% and sales by 10.17% compared to the same period last year.
The positive earnings surprise and sales beat are likely to have a short-term positive impact on ETD's stock price. However, the year-over-year decline in both EPS and sales may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100