Bassett Furniture Industries Inc reports results for the quarter ended August 31 - Earnings Summary
Bassett Furniture Industries Inc reports results for the quarter ended August 31 - Earnings Summary
Bassett Furniture Industries Inc BSET.OQ reported quarterly adjusted earnings of 24 cents per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of 9 cents. The mean expectation of three analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 12 cents to 14 cents per share.
Revenue rose 3.4% to $82.84 million from a year ago; analysts expected $83.05 million.
Bassett Furniture Industries Inc's reported EPS for the quarter was 24 cents.
The company reported quarterly net income of $2.1 million.
Bassett Furniture Industries Inc shares had risen by 1.9% this quarter and gained 7.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the home furnishings peer group is also "hold"
Wall Street's median 12-month price target for Bassett Furniture Industries Inc is $23.00, about 21.5% above its last closing price of $18.05
This summary was machine generated from LSEG data September 30 at 09:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Aug. 31 2026 | 0.13 | 0.24 | Beat |
May. 31 2026 | 0.20 | 0.24 | Beat |
Feb. 28 2026 | 0.17 | 0.13 | Missed |
Nov. 30 2025 | 0.30 | 0.18 | Missed |
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