Ethan Allen (ETD) Q2 Earnings and Revenues Lag Estimates

Company Performance - Ethan Allen reported quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of$0.60 per share, and down from $0.67 per share a year ago, representing an earnings surprise of -1.67$157.26 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.03%, and down from $167.28 million year-over-year [2] - Over the last four quarters, Ethan Allen has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Future Outlook - The sustainability of the stock's immediate price movement will depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the coming quarter is$0.41 on revenues of $141.4 million, and for the current fiscal year, it is$2.30 on revenues of $621 million [7] - The estimate revisions trend for Ethan Allen is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Retail - Home Furnishings industry, to which Ethan Allen belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]