Haverty Furniture Cos (NYSE:HVT) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-30. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Haverty Furniture Cos will report an earnings per share (EPS) of $0.49.
The market awaits Haverty Furniture Cos's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Past Earnings Performance
The company's EPS beat by $0.10 in the last quarter, leading to a 1.02% increase in the share price on the following day.
Here's a look at Haverty Furniture Cos's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.36 | 0.99 | 1.04 |
| EPS Actual | 0.27 | 0.14 | 0.90 | 1.02 |
| Price Change % | 1.0% | -8.0% | -7.000000000000001% | 6.0% |
Performance of Haverty Furniture Cos Shares
Shares of Haverty Furniture Cos were trading at $24.21 as of October 28. Over the last 52-week period, shares are down 7.73%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Haverty Furniture Cos visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
