Ethan Allen Interiors Inc. (NYSE:ETH) Releases Quarterly Earnings Results, Hits Expectations

Ethan Allen Interiors Inc. (NYSE:ETH) posted its quarterly earnings data on Wednesday. The company reported $0.42 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.42, Briefing.com reports. The firm had revenue of $194.90 million for the quarter, compared to the consensus estimate of $194.94 million. Ethan Allen Interiors had a return on equity of 11.31% and a net margin of 5.33%. The company’s quarterly revenue was down 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.57 EPS.

Ethan Allen Interiors (ETH) opened at 32.30 on Friday. The stock’s 50 day moving average price is $30.49 and its 200 day moving average price is $29.84. The firm has a market capitalization of $894.58 million, a PE ratio of 21.79 and a beta of 1.17. Ethan Allen Interiors has a 52-week low of $26.75 and a 52-week high of $38.80.

Several equities research analysts recently issued reports on the company. BidaskClub downgraded Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. TheStreet upgraded Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th. Stifel Nicolaus cut their price objective on Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating on the stock in a report on Friday, April 28th. Finally, Telsey Advisory Group cut their price objective on Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating on the stock in a report on Thursday, April 27th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $33.25.

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Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

Earnings History for Ethan Allen Interiors (NYSE:ETH)

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