Revenue Update on Ethan Allen Interiors(NYSE:ETH)

Ethan Allen Interiors(NYSE:ETH) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Jul 26, 2016. Company reported revenue of $205.69M. Analysts estimated a revenue of $200.28M. Earnings per share were $0.57. Analysts had estimated an EPS of $0.52.

Ethan Allen Interiors (ETH) made into the market gainers list on Fridays trading session with the shares advancing 1.61% or 0.55 points. Due to strong positive momentum, the stock ended at $34.73, which is also near the day’s high of $34.75. The stock began the session at $34.03 and the volume stood at 2,13,708 shares. The 52-week high of the shares is $36.77 and the 52 week low is $22.46. The company has a current market capitalization of $964 M and it has 2,77,43,478 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 13, 2016, Domenick J. Esposito (director) purchased 1,000 shares at $33.14 per share price.Also, On May 2, 2016, Clinton A Clark (director) sold 500 shares at $34.01 per share price.On Mar 9, 2016, Tara I. Stacom (director) purchased 3,300 shares at $29.47 per share price, according to the Form-4 filing with the securities and exchange commission.

Ethan Allen Interiors Inc. (Ethan Allen) through its wholly owned subsidiary Ethan Allen Global Inc. is an interior design company. The Company is a manufacturer and retailer of home furnishings and accessories. The Company offers interior design service to its clients and sells a range of furniture products and decorative accents through and a network of approximately 300 design centers in the United States. The Company owns and operates eight manufacturing facilities including five manufacturing plants and one sawmill in the United States and a manufacturing plant in each of Mexico and Honduras. The Company operates in two segments including wholesale and retail. The wholesale segment develops designs manufactures sells and distributes home furnishings and accents. The retail segment is engaged in selling of home furnishings and accents to consumers.

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