Quarterly Performance Analysis: New Coverage on La-Z-Boy, Leggett & Platt, Lentuo International, Lithia Motors and MFC Industrial

NEW YORK, December 19, 2014 /PRNewswire/ --

Moments ago, Analysts Review released new research updates concerning several important developing situations including La-Z-Boy, (NYSE: LZB), Leggett & Platt (NYSE: LEG), Lentuo International (NYSE: LAS), Lithia Motors (NYSE: LAD), and MFC Industrial (NYSE: MIL). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.

To access our full PDF reports on a complementary basis, please visit the links below.

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Today's update concerns the following companies:

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Full PDF Download Links (you may have to copy and paste the following links into your browser):

LZB Research Report: ( http://get.analystsreview.com/pdf/?c=La-Z-Boy&d=19-Dec-2014&s=LZB ),

LEG Research Report: ( http://get.analystsreview.com/pdf/?c=Leggett%20%26%20Platt&d=19-Dec-2014&s=LEG ),

LAS Research Report: ( http://get.analystsreview.com/pdf/?c=Lentuo%20International&d=19-Dec-2014&s=LAS ),

LAD Research Report: ( http://get.analystsreview.com/pdf/?c=Lithia%20Motors&d=19-Dec-2014&s=LAD ),

MIL Research Report: ( http://get.analystsreview.com/pdf/?c=MFC%20Industrial&d=19-Dec-2014&s=MIL ).

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Analyst Update: Quarterly Earnings and Dividends Declaration

Reviewed by: Rohit Tuli, CFA®

The U.S. stock market extended its winning streak on Thursday, recording its best two-day gains in last three years. The rally in U.S. started on Wednesday after Federal Reserve's Chairwoman Janet Yellen assured the markets that the central bank would be patient about lifting interest rate. The S&P 500 advanced 2.43%, Dow Jones Industrial Average moved up 2.40%, and Nasdaq Composite ended the session 2.24% up. The European stocks also surged, recording their strongest daily gain in three years, supported by a rise in Greek shares. The rebound in oil prices, dovish statement of Federal Reserve and calmness in Russian market also boosted European markets. Most Asian stock markets ended higher as investors were encouraged to take more risk following the positive stimulus led by the U.S. Federal Reserve statement.

La-Z-Boy Incorporated (La-Z-Boy) reported 16.6% YoY growth in its net income for Q2 FY 2015 along with an improved top line, standing at $365.6 million, up by 3.8% YoY. The Company also increased its regular quarterly dividend by 33% QoQ to $0.08 per share.

Leggett & Platt, Incorporated (Leggett & Platt) declared a dividend of $0.31 per share for Q4 2014, up by 3.3% YoY, payable on January 15, 2015, to shareholders of record on December 15, 2014. Additionally, the Company announced the sale of the majority of its Store Fixtures operations to Lozier Corporation for total consideration of approximately $62 million.

Lentuo International Inc. (Lentuo International) reported strong growth in its 9M 2014 results with net income  at RMB40.8 million ($6.6 million), up 31.8%YoY. For 9M 2014, total revenues stood at RMB2.42 billion ($395.1million) versus RMB2.41 million during 9M 2013.

Lithia Motors, Inc. (Lithia Motors) announced solid Q3 2014 financial results with the highest third quarter adjusted net income in the Company's history, led by strong results in new vehicle sales, service and parts and F&I per unit. Total revenue for the quarter also increased 21.3% YoY to $1.3 billion.

Revenues of MFC Industrial Ltd. (MFC Industrial) for 9M 2014 hit the $1.0 billion mark, exhibiting an increase of 72.4% YoY driven by two acquisitions of FESIL AS Group and F.J. Elsner & Co GmbH. Net income for the quarter stood at 19.3 million, or $0.31 per diluted share versus $22.2 million, or $0.35 per diluted share during 9M 2013.

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About Analysts Review

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Analysts Review was designed for investors. By providing the best information available, we have set ourselves apart as one of the premier online investor communities.

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Editor Note: This is not company news. We are an independent source and our views do not reflect the companies mentioned.

Compliance Procedure: Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA®. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

Further Resources: For more information about this release including editorial notes, compliance procedures and legal disclosures, please visit: http://www.analystsreview.com/editors

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