La-Z-Boy (NYSE: 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.

Revenue details
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.

EPS details
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.

Recent performance
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.

Looking ahead

The full year's average estimate for revenue is $1.29 billion. The average EPS estimate is $0.82.

Investor sentiment
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.