La-Z-Boy (LZB) Q2 Earnings and Revenues Top Estimates
Portfolio Pulse from
La-Z-Boy (LZB) reported Q2 earnings of $0.71 per share, surpassing the Zacks Consensus Estimate of $0.65. This is a slight decrease from last year's $0.74 per share.
November 19, 2024 | 11:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
La-Z-Boy's Q2 earnings of $0.71 per share exceeded expectations, which may positively influence its stock price in the short term despite a slight year-over-year decline.
The positive earnings surprise, with actual earnings per share exceeding estimates, typically leads to a favorable short-term stock price reaction. The slight year-over-year decline is less significant in the context of beating current expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100