Investors braced for a bumpy ride ahead of La-Z-Boy's
What analysts say:
- Buy, sell, or hold?: Analysts strongly back La-Z-Boy, with four out of five rating it a buy and the remainder rating it a hold. Analysts don't like La-Z-Boy as much as competitor Natuzzi overall. Analysts haven't adjusted their rating of La-Z-Boy for the past three months.
- Revenue forecasts: On average, analysts predict $310 million in revenue this quarter. That would represent a rise of 5.8% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.14 per share. Estimates range from $0.12 to $0.17.
What our community says:
Most CAPS All-Stars are skeptical of La-Z-Boy prospects, with 65.5% assigning it an underperform rating. The community is of two minds on the stock, with 47% Fools giving it an outperform rating and 53% an underperform rating. Fools are bearish on La-Z-Boy and haven't been shy with their opinions lately, logging 153 posts in the past 30 days. La-Z-Boy's bearish CAPS rating of one out of five stars falls short of the Fool community sentiment.
The company's revenue has now risen for two straight quarters.
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