Bassett Furniture Industries Inc reports results for the quarter ended February 28 - Earnings Summary

Bassett Furniture Industries

02/04/2025 22:01

Bassett Furniture Industries Inc BSET.OQ reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of -14 cents.  The mean expectation of two analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 3 cents per share.

Revenue fell 5.1% to $82.16 million from a year ago; analysts expected $79.62 million.

Bassett Furniture Industries Inc's reported EPS for the quarter was 21 cents​.

The company reported quarterly net income of $1.85 million.

Bassett Furniture Industries Inc shares had fallen by 0.6% this quarter and gained 9.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 44.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

Wall Street's median 12-month price target for Bassett Furniture Industries Inc is $19.00

This summary was machine generated from LSEG data April 2 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
Feb. 28 2025
0.03
0.21
Beat
Nov. 30 2024
-0.03
0.38
Beat
Aug. 31 2024
-0.38
-0.52
Missed
May. 31 2024
-0.11
-0.82
Missed