Haverty Furniture Q4 EPS Growth of 2.1% to $0.48 on 7.1% Sales Increase
Haverty Furniture forecasts Q4 EPS of $0.48, up 2.1% year-over-year, on revenues of $197.47 million, up 7.1% from a year earlier. Consensus EPS and the Most Accurate Estimate both stand at $0.48, yielding a 0% Earnings ESP alongside a Zacks Rank #4.
1. Expected Q4 Results
Haverty Furniture is projected to report Q4 EPS of $0.48 per share, marking a 2.1% year-over-year increase, on revenues of $197.47 million, reflecting a 7.1% rise from the same quarter last year.
2. Estimate Revisions and Earnings ESP
The consensus EPS estimate has remained unchanged over the past month, with the Most Accurate Estimate matching the consensus, resulting in a 0% Earnings ESP. The stock carries a Zacks Rank #4, indicating limited predictive confidence in an EPS beat.
3. Surprise History
Haverty has delivered four consecutive quarterly EPS beats, including a +16.7% surprise last quarter when it reported $0.28 versus an expected $0.24 per share. This track record underpins investor expectations but does not guarantee future outperformance.
4. Outlook and Risks
While stronger-than-expected Q4 results could drive positive stock momentum, a miss against the consensus may trigger downside. Management commentary and macroeconomic conditions will be critical for assessing sustainability beyond the earnings release.