Can La-Z-Boy Beat These Numbers?
Aug 16th 2012 11:11AM
Updated Aug 16th 2012 11:14AM
La-Z-Boy (NYS: LZB) is expected to report Q1 earnings on Aug. 21. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict La-Z-Boy's revenues will increase 4.2% and EPS will expand 100.0%.
The average estimate for revenue is $291.8 million. On the bottom line, the average EPS estimate is $0.08.
Last quarter, La-Z-Boy booked revenue of $327.4 million. GAAP reported sales were 3.4% lower than the prior-year quarter's $338.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.18. GAAP EPS of $0.36 for Q4 were 89% higher than the prior-year quarter's $0.19 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 31.6%, 30 basis points worse than the prior-year quarter. Operating margin was 5.2%, 30 basis points better than the prior-year quarter. Net margin was 6.0%, 300 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.29 billion. The average EPS estimate is $0.82.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 122 members out of 271 rating the stock outperform, and 149 members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 24 give La-Z-Boy a green thumbs-up, and 58 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on La-Z-Boy is outperform, with an average price target of $17.25.
- Add La-Z-Boy to My Watchlist.
The article Can La-Z-Boy Beat These Numbers? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.