Haverty Furniture Companies, Inc. (NYSE:HVT) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, HVT to report 3Q20 income of $ 0.54 per share.
For the full year, analysts anticipate top line of $ 745.72 million, while looking forward to income of $ 0.90 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 217.50 million ~ $ 217.50 million
Click Here For More Historical Outlooks Of Haverty Furniture Companies, Inc.
Previous Quarter Performance
Haverty Furniture Companies, Inc. posted loss for the second quarter of $ 0.52 per share, from the revenue of $ 109.97 million. The quarterly revenues contracted 43.41 percent compared with the same quarter last year. Street analysts expected Haverty Furniture Companies, Inc. to report loss of $ 0.49 per share on revenue of $ 110.00 million for the second quarter. The bottom line results missed street analysts by $ 0.03 or 6.12 percent, at the same time, top line results fell short of analysts by $ 0.03 million or 0.03 percent.
Stock Performance
Shares of Haverty Furniture Companies, Inc. traded up $ 0.11 or 0.47 percent on Tuesday, reaching $ 23.50 with volume of 101.60 thousand shares. Haverty Furniture Companies, Inc. has traded high as $ 23.65 and has cracked $ 23.07 on the downward trend
According to the previous trading day, closing price of $ 23.50, representing a 138.43 % increase from the 52 week low of $ 9.81 and a 9.38 % decrease over the 52 week high of $ 25.81.
The company has a market capital of $ 440.77 million and is part of the Consumer Cyclical sector and Home Improvement Stores industry.
Recent Stock Dividend Announcement
On August 7, 2020, the board of directors authorized quarterly dividend of $ 0.20 per share to holders of record as of the close of business on August 24, 2020, with payment date of September 9, 2020 and ex-dividend date on August 21, 2020.
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.
