Haverty Furniture (HVT) Stock Sinks As Market Gains: What You Should Know

Haverty Furniture (HVT) Stock Sinks As Market Gains: What You Should Know
This story originally appeared on Zacks

Haverty Furniture (HVT) closed at $30.51 in the latest trading session, marking a -1.07% move from the prior day. This move lagged the S&P 500’s daily gain of 0.62%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

Haverty Furniture (HVT) Stock Sinks As Market Gains: What You Should Know – Zacks

Heading into today, shares of the residential furniture and accessories retailer had lost 5.28% over the past month, lagging the Retail-Wholesale sector’s loss of 4.49% and the S&P 500’s gain of 0.87% in that time.

Investors will be hoping for strength from Haverty Furniture as it approaches its next earnings release. On that day, Haverty Furniture is projected to report earnings of $1.22 per share, which would represent a year-over-year decline of 10.95%. Our most recent consensus estimate is calling for quarterly revenue of $265.5 million, up 10.01% from the year-ago period.

HVT’s full-year Zacks…

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