Trading around LZB's upcoming earnings report? A closer look at what's happening:

La-Z-Boy Inc (LZB) is reporting earnings on August 23. Lets zoom in on how the stock is performing.

Analyst opinions suggest La-Z-Boy Inc will report an EPS (earnings per share) of $0.67, GAAP Estimate of $0.67, and on revenue of $566.10M. Over the last 90 days, analysts have lowered estimates once and raised them once.

Bulls will want to hear that the company beat the analysts' estimates and that the beat is on unexpectedly higher revenues. They'll also want the company to paint a picture that leads analysts to conclude this is just the start of an robust growth story that will play out in the following quarters.

There are two primary things that LZB bears will be concerned with. The first is that the reported EPS underperformed the estimates of analysts. Stocks respond unfavorably to that news. The second is that the report outlines a negative growth story for the stock in the coming quarters.

If you haven't traded too many earnings reports, it's important to be aware that a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report. As you see more of these reports, your ability to recognize changes in investor sentiment will improve.

Shares of LZB were trading at $29.78 as of August 15. Over the last 52-weeks, shares are down -24.24%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.