Haverty Furniture Companies Inc reports results for the quarter ended in June - Earnings Summary

Haverty Furniture Companies

01/08/2023 23:28

* Haverty Furniture Companies Inc  HVT.N  reported quarterly
adjusted earnings of 28 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 78 cents per share.
    * Revenue fell 18.5% to $206.29 million from a year ago;
analysts
expected $225.26 million. 
    * Haverty Furniture Companies Inc's reported EPS for the
quarter
was 28 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Haverty Furniture Companies Inc shares had risen by 17.8%
this
quarter and gained 19.1% so far this year.
    * The company reported quarterly net income of $11.79
million.
    * Wall Street's median 12-month price target for Haverty
Furniture
Companies Inc is $41.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 1 at 10:28 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.78           0.28           Missed
 Mar. 31 2023      0.78           0.74           Missed
 Dec. 31 2022      1.30           1.42           Beat
 Sep. 30 2022      0.95           1.46           Beat