Danbury, CT, July 12, 2006--Ethan Allen Interiors reaffirmed its fourth-quarter and full-year earnings guidance and said annual sales topped $1 billion for the first time.
The maker of furniture and home decorations said it remains "comfortable" with Wall Street's current range of earnings estimates for the year and quarter ended June 30.
The 10 analysts polled by Thomson Financial had an average fourth-quarter earnings estimate of 62 cents per share. Their predictions ranged from 57 cents to 65 cents per share.
For the year, analysts' earnings estimates range from $2.50 to $2.58 per share, averaging $2.55 per share.
The company, based in Danbury, Conn., said sales for the year came in at $1.07 billion, beating Wall Street's forecast for $1.06 billion in revenue.
Ethan Allen plans to report results for the period on July 27.
