How To Earn $500 A Month From La-Z-Boy Stock Ahead Of Q3 Earnings Results

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La-Z-Boy Incorporated (NYSE: LZB) is expected to release earnings results for its third quarter fiscal 2024, after the closing bell on Feb. 20, 2024.

Analysts expect the Monroe, Michigan-based company to report quarterly earnings at 72 cents per share, versus year-ago earnings of 91 cents per share. La-Z-Boy is projected to post revenue of $523.09 million, according to data from Benzinga Pro.

La-Z-Boy recently announced its investment in furniture market showrooms.

During November, the company reported better-than-expected second-quarter financial results and raised its quarterly cash dividend from 18 cents to 20 cents per share

With the recent buzz around La-Z-Boy, some investors may be eyeing potential gains from the company’s dividends too. As of now, La-Z-Boy offers an annual dividend yield of 2.10%, which is a quarterly dividend amount …

Full story available on Benzinga.com