What to Expect From La-Z-Boy's (LZB) Q4 Earnings
Key Points:
* La-Z-Boy (LZB) reports Q4 results after market hours tomorrow.
* Analysts estimate 3.1% year-over-year revenue growth to $515.8 million.
* Adjusted earnings per share forecast at $0.67.
* Analysts have largely maintained estimates, indicating stability in the business.
* Peer companies Mohawk Industries and Leggett & Platt have mixed results, with Mohawk beating revenue expectations and Leggett & Platt declining.
* Consumer discretionary stocks have performed steadily ahead of earnings.
* La-Z-Boy's stock price has remained unchanged and is approaching earnings with an average analyst price target of $46.