Haverty Furniture Companies Inc reports results for the quarter ended in September 30 - Earnings Summary
31/10/2024 02:35
* Haverty Furniture Companies Inc HVT.N reported quarterly
adjusted earnings of 28 cents per share for the quarter ended
September 30, lower than the same quarter last year, when the
company reported EPS of $1.02. The mean expectation of
three analysts for the quarter was for earnings of 47 cents per
share. Wall Street expected results to range from 46 cents to 49
cents per share.
* Revenue fell 20.2% to $175.91 million from a year ago;
analysts
expected $194.65 million.
* Haverty Furniture Companies Inc's reported EPS for the
quarter
was 28 cents.
* The company reported quarterly net income of $4.93
million.
* Haverty Furniture Companies Inc shares had fallen by 11.5%
this
quarter and lost 31.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 7.2%
in the last three months.
* In the last 30 days, two analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the home
furnishings
retailers peer group is also "buy"
Wall Street's median 12-month price target for Haverty Furniture
Companies Inc is 35.00
This summary was machine generated from LSEG data October 31 at
02:35 a.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.47 0.28 Missed
Jun. 30 2024 0.17 0.27 Beat
Mar. 31 2024 0.36 0.14 Missed
Dec. 31 2023 0.99 0.90 Missed