Haverty Furniture Companies (HVT) Scheduled to Post Quarterly Earnings on Tuesday

Haverty Furniture Companies (NYSE:HVT) is scheduled to announce its earnings results after the market closes on Tuesday, October 30th. Analysts expect the company to announce earnings of $0.37 per share for the quarter.

Haverty Furniture Companies (NYSE:HVT) last posted its quarterly earnings results on Tuesday, July 31st. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.03. The business had revenue of $198.78 million for the quarter, compared to analyst estimates of $195.55 million. Haverty Furniture Companies had a net margin of 2.61% and a return on equity of 9.29%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the business posted $0.29 EPS. On average, analysts expect Haverty Furniture Companies to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE HVT opened at $19.94 on Friday. The company has a current ratio of 2.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.17. The company has a market cap of $428.15 million, a P/E ratio of 15.95 and a beta of 0.85. Haverty Furniture Companies has a 1 year low of $17.70 and a 1 year high of $25.35.

Several analysts recently issued reports on HVT shares. TheStreet upgraded shares of Haverty Furniture Companies from a “c+” rating to a “b” rating in a research report on Thursday, August 23rd. Zacks Investment Research upgraded shares of Haverty Furniture Companies from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Tuesday, August 7th. Finally, ValuEngine upgraded shares of Haverty Furniture Companies from a “sell” rating to a “hold” rating in a research report on Tuesday, July 10th.

In related news, Director G. Thomas Hough bought 2,000 shares of the business’s stock in a transaction on Wednesday, August 8th. The shares were purchased at an average price of $21.50 per share, for a total transaction of $43,000.00. Following the completion of the transaction, the director now directly owns 1,883 shares of the company’s stock, valued at approximately $40,484.50. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 3.05% of the company’s stock.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products, as well as mattress product lines under the Sealy, Tempur-Pedic, Serta, Stearns & Foster, and Beautyrest Black names.

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Earnings History for Haverty Furniture Companies (NYSE:HVT)

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