Stock Track | La-Z-Boy Plunges 5.09% After-Hours on Q3 Earnings Miss and Cautious Outlook

Stock Track

Feb 18

La-Z-Boy's stock experienced a significant after-hours plunge of 5.09% following the release of its third-quarter financial results.

The furniture maker reported adjusted earnings per share of $0.61 for the quarter, missing the analyst consensus estimate of $0.65. This also represents a decrease from the $0.68 per share earned in the same period last year. While quarterly sales of $541.6 million slightly exceeded expectations, the earnings miss and year-over-year decline appear to have disappointed investors.

Additionally, the company maintained a cautious view in its fourth-quarter outlook, citing macroeconomic challenges and the short-term impact of recent adverse weather events. La-Z-Boy expects Q4 revenue between $560 million and $580 million, which may be below some analyst projections.

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This also represents a decrease from the $0.68 per share earned in the same period last year. While quarterly sales of $541.6 million slightly exceeded expectations, the earnings miss and year-over-year decline appear to have disappointed investors.</p><p>Additionally, the company maintained a cautious view in its fourth-quarter outlook, citing macroeconomic challenges and the short-term impact of recent adverse weather events. La-Z-Boy expects Q4 revenue between $560 million and $580 million, which may be below some analyst projections.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LZB","symbol_name":"La-Z-Boy家具","start_time":0,"source_url":"","article_id":"1131308913","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131308913","pubTimestamp":1771364323,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"La-Z-Boy's stock experienced a significant after-hours plunge of 5.09% following the release of its third-quarter financial results.The furniture maker reported adjusted earnings per share of $0.61...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LZB":"La-Z-Boy家具"},"translate_title":"个股追踪|La-Z-Boy盘后暴跌5.09%，因Q3盈利未达预期且前景谨慎","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LZB":1},"content_text":"La-Z-Boy's stock experienced a significant after-hours plunge of 5.09% following the release of its third-quarter financial results.The furniture maker reported adjusted earnings per share of $0.61 for the quarter, missing the analyst consensus estimate of $0.65. 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