Bassett Furniture Industries Inc expected to post earnings of 31 cents a share - Earnings Preview

Bassett Furniture Industries

27/09/2021 12:01

* Bassett Furniture Industries Inc  BSET.OQ   BSET.O  is
expected to show a rise in quarterly revenue when it reports
results on September 29 (estimated). 
* The Bassett, Virginia-based company is expected to report  a
30.5% increase in revenue to $119.498 million from $91.56
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Bassett Furniture
Industries Inc is for earnings of 31 cents per share. For the
same quarter last year, the company reported earnings of 22
cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Bassett
Furniture Industries Inc is $34​, about 45.4% above​ its last
closing price of $18.58. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 May. 31 2021  0.35        0.35       0.60      Beat    71.4
 Feb. 28 2021  0.24        0.24       0.40      Beat    70.2
 Nov. 30 2020  0.45        0.45       0.65      Beat    44.4​
 Aug. 31 2020  -0.07       -0.07      0.22      Beat    414.3
 May.          -0.62​      -0.58      -0.52     Beat    10.5​
 31​ 2020​                                              
 Feb. 29 2020  0.02        0.02       0.12      Beat    650​
 Nov. 30 2019  0.16        0.16       0.07      Missed  -55.8
 Aug. 31 2019  0.18        0.18       0.21      Beat    13.8
 This summary was machine generated September 27 at 11:01 GMT. 
All figures in US dollars unless otherwise stated