Haverty Furniture Companies, Inc. (HVT) Set to Announce Earnings on Monday
Haverty Furniture Companies, Inc. (NYSE:HVT) will release its 9/30/2017 earnings data after the market closes on Monday, October 30th. Analysts expect Haverty Furniture Companies to post earnings of $0.32 per share for the quarter.
Haverty Furniture Companies (NYSE:HVT) last posted its earnings results on Monday, July 31st. The company reported $0.29 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.10. The company had revenue of $196.80 million for the quarter, compared to the consensus estimate of $199.03 million. Haverty Furniture Companies had a return on equity of 10.58% and a net margin of 3.67%. Haverty Furniture Companies’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.24 earnings per share. On average, analysts expect Haverty Furniture Companies to post $1.19 EPS for the current fiscal year and $1.29 EPS for the next fiscal year.
Shares of Haverty Furniture Companies, Inc. (NYSE:HVT) opened at 24.30 on Monday. Haverty Furniture Companies, Inc. has a 52-week low of $17.25 and a 52-week high of $27.23. The firm’s 50-day moving average price is $24.85 and its 200-day moving average price is $24.19. The stock has a market capitalization of $515.60 million, a P/E ratio of 17.15 and a beta of 1.07.
In related news, insider Rawson Haverty, Jr. sold 1,391 shares of Haverty Furniture Companies stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $23.83, for a total value of $33,147.53. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 10.31% of the company’s stock.
Separately, Zacks Investment Research cut Haverty Furniture Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th.
About Haverty Furniture Companies
Haverty Furniture Companies, Inc is a retailer of residential furniture and accessories. The Company sells home furnishings in its retail stores and through its Website, havertys.com. As of December 31, 2016, the Company had 124 stores in 16 states in the Southern and Midwest regions. As of December 31, 2016, the Company’s retail store space totaled approximately 4.5 million square feet for 124 stores.
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