Leon’s Furniture (LEFUF) Expected to Release Earnings on Thursday

Leon’s Furniture (OTCMKTS:LEFUF) is projected to announce its resultson Thursday, August 6th. Analysts expect the company to post earnings of $0.3673 per share and revenue of $447.68 million for the quarter.

Leon’s Furniture Stock Performance

OTCMKTS:LEFUF opened at $17.75 on Thursday. Leon’s Furniture has a fifty-two week low of $16.56 and a fifty-two week high of $22.10. The company’s 50-day simple moving average is $17.31 and its 200-day simple moving average is $18.74.

Analyst Upgrades and Downgrades

Several research analysts recently commented on LEFUF shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Leon’s Furniture in a research note on Monday, May 11th. Royal Bank Of Canada restated an “outperform” rating on shares of Leon’s Furniture in a research note on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Leon’s Furniture

Leon’s Furniture Ltd. is a Canadian home furnishings retailer that designs, sources and sells a broad assortment of furniture, mattresses, home décor, major appliances and home electronics. Founded in 1909 in Welland, Ontario, the company has grown from a local family business into one of Canada’s largest omni-channel home retailers. Leon’s operates an integrated network of brick-and-mortar showrooms, distribution centres and a proprietary e-commerce platform, serving residential customers across every Canadian province.

The company’s product portfolio spans living room, dining room and bedroom collections, as well as customized upholstered pieces and a wide array of household essentials.