Haverty Furniture Companies Inc reports results for the quarter ended March 31 - Earnings Summary

• Haverty Furniture Companies Inc HVT.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of two analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 12 cents to 16 cents per share.

• Revenue fell 1.3% to $181.57 million from a year ago; analysts expected $177.71 million.

• Haverty Furniture Companies Inc's reported EPS for the quarter was 23 cents​.

• The company reported quarterly net income of $3.78 million.

• Haverty Furniture Companies Inc shares had fallen by 6.8% this quarter and lost 17.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 55.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• Wall Street's median 12-month price target for Haverty Furniture Companies Inc is $28.50

This summary was machine generated from LSEG data May 1 at 12:20 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)