La-Z-Boy (LZB) is predicted to ship a year-over-year enhance in earnings on greater revenues when i
La-Z-Boy (LZB) is predicted to ship a year-over-year enhance in earnings on greater revenues when it experiences outcomes for the quarter ended October 2019. This widely-known consensus outlook provides a superb sense of the corporate’s earnings image, however how the precise outcomes evaluate to those estimates is a strong issue that might affect its near-term inventory worth.
The earnings report, which is predicted to be launched on November 20, 2019, may assist the inventory transfer greater if these key numbers are higher than expectations. Alternatively, in the event that they miss, the inventory could transfer decrease.
Whereas administration’s dialogue of enterprise circumstances on the earnings call will largely decide the sustainability of the rapid worth change and future earnings expectations, it is price having a handicapping perception into the percentages of a optimistic EPS shock.
Zacks Consensus Estimate
This furnishings firm is predicted to publish quarterly earnings of $0.55 per share in its upcoming report, which represents a year-over-year change of +14.6%.
…