Haverty Furniture Cos Q2 2024 GAAP EPS $0.27 Beats $0.17 Estimate, Sales $178.636M Miss $184.477M Estimate
Portfolio Pulse from Benzinga Newsdesk
Haverty Furniture Cos (NYSE:HVT) reported Q2 2024 GAAP EPS of $0.27, beating the $0.17 estimate, but sales of $178.636M missed the $184.477M estimate. EPS decreased by 61.43% YoY, and sales decreased by 13.40% YoY.
July 31, 2024 | 9:25 pm
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Haverty Furniture Cos reported Q2 2024 GAAP EPS of $0.27, beating the $0.17 estimate, but sales of $178.636M missed the $184.477M estimate. EPS decreased by 61.43% YoY, and sales decreased by 13.40% YoY.
While Haverty Furniture Cos beat EPS estimates significantly, the YoY decrease in both EPS and sales, along with the sales miss, creates a mixed outlook. The stock may see neutral short-term movement as investors weigh the positive EPS beat against the negative sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100