Ethan Allen Interiors (ETD) will release its quarterly results on Wednesday

Ethan Allen Interiors (NYSE:ETD – Get Rating) will announce its results after market close on Wednesday, August 3. Analysts expect the company to report earnings of $0.80 per share for the quarter. Investors wishing to listen to the company’s conference call can do so using this link.

Ethan Allen Interiors (NYSE:ETD – Get Rating) last released quarterly earnings data on Thursday, April 28. The company reported earnings per share of $0.93 for the quarter, beating the consensus estimate of $0.76 by $0.17. The company posted revenue of $197.66 million in the quarter, versus a consensus estimate of $197.10 million. Ethan Allen Interiors achieved a return on equity of 24.15% and a net margin of 11.73%. The company’s revenue increased by 11.7% compared to the same quarter last year. In the same period a year earlier, the company had earned earnings per share of $0.58. On average, analysts expect Ethan Allen Interiors to post EPS of $3 for the current fiscal year and EPS of $3 for the next fiscal year.

Ethan Allen Interiors down 1.2%

ETD stock opened at $22.19 on Wednesday. The company has a market capitalization of $561.90 million, a P/E ratio of 6.30 and a beta of 1.13. Ethan Allen Interiors has a 12-month low of $19.60 and a 12-month high of $28.04. The company has a 50-day simple moving average of $21.80 and a 200-day simple moving average of $24.23.

A Wall Street analyst gives his opinion

Separately, StockNews.com upgraded Ethan Allen Interiors from a “hold” rating to a “buy” rating in a Tuesday, May 17 report.

Institutional investors weigh in on Ethan Allen Interiors

Several hedge funds have recently changed their stock holdings. Metropolitan Life Insurance Co NY acquired a new stake in shares of Ethan Allen Interiors during the first quarter at a value of $39,000. PNC Financial Services Group Inc. acquired a new stake in shares of Ethan Allen Interiors during the first quarter at a value of $41,000. Ameritas Investment Partners Inc. acquired a new stake in the shares of Ethan Allen Interiors during the first quarter at a value of $50,000. Captrust Financial Advisors acquired a new stake in shares of Ethan Allen Interiors during the first quarter at a value of $57,000. Finally, Lazard Asset Management LLC acquired a new equity stake in Ethan Allen Interiors during the first quarter at a value of $67,000. 85.11% of the shares are held by institutional investors and hedge funds.

Ethan Allen Interiors Company Profile

(Get a rating)

Ethan Allen Interiors Inc operates as an interior design company and home furnishings manufacturer and retailer in the United States, Mexico, Honduras and Canada. The Company operates through two segments, Wholesale and Retail. Its products include storage items, such as beds, dressers, cabinets, tables, chairs, sideboards, entertainment units, home office furniture and wood accents; upholstery items including sleepers, recliners and other moveable furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics and leather; and home accent items including window treatments and drapery hardware, wall hangings, flowers, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furniture.

Further reading

Earnings history for Ethan Allen Interiors (NYSE:ETD)

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