* Haverty Furniture Companies Inc 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
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