How To Earn $500 A Month From La-Z-Boy Stock Ahead Of Q4 Earnings

La-Z-Boy Incorporated (NYSE:JBL) will release its fourth-quarter earnings results after the closing bell on Tuesday, June 17.

Analysts expect the Monroe, Michigan-based company to report quarterly earnings at 93 cents per share, down from 95 cents per share in the year-ago period. According to data from Benzinga Pro, La-Z-Boy projects quarterly revenue of $557.44 million, compared to $553.53 million a year earlier.

On April 25, Keybanc analyst Bradley Thomas upgraded La-Z-Boy from Sector Weight to Overweight and announced a $46 price target.

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 2.26%, which is a quarterly dividend amount of 22 cents per share (88 cents a ...