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Stock impact report

What To Expect From La-Z-Boy's (LZB) Q3 Earnings [Yahoo! Finance]

La-Z-Boy Incorporated (LZB) 
Last la-z-boy incorporated earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: lazboy.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
La-Z-Boy beat analysts' revenue expectations by 2.8% last quarter, reporting revenues of $495.5 million, up 2.9% year on year. It was a mixed quarter for the company, with a decent beat of analysts' adjusted operating income estimates but a miss of analysts' Wholesale revenue estimates. Is La-Z-Boy a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting La-Z-Boy's revenue to decline 1.1% year on year to $506 million, improving from the 16.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.64 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. La-Z-Boy has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 3.1% on average. Looking at La-Z-Boy's peers in the home furnishings Show less Read more
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