Bassett Furniture Industries Inc reports results for the quarter ended in August - Earnings Summary

Bassett Furniture Industries

29/09/2022 14:38

* Bassett Furniture Industries Inc  BSET.OQ  reported
quarterly
adjusted earnings of 82 cents​​ per share for the quarter ended
in August. The mean expectation of two analysts for the quarter
was for earnings of 64 cents per share.
    * Revenue fell 0.8% to $118.01 million from a year ago;
analysts
expected $119.62 million. 
    * Bassett Furniture Industries Inc's reported EPS for the
quarter
was 82 cents​.
    * The mean earnings estimate of analysts had risen by
about 16.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Bassett Furniture Industries Inc shares had fallen by 9.1%
this
quarter and gained 6.0% so far this year.
    * The company reported quarterly net income of $7.63
million.
    * Wall Street's median 12-month price target for Bassett
Furniture
Industries Inc is $30.50 
    * 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." 

This summary was machine generated from Refinitiv data September
29 at 01:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2022      0.64           0.82           Beat
 May. 31 2022      0.45           0.81           Beat
 Feb. 28 2022      0.36           0.57           Beat
 Nov. 30 2021      0.45           0.52           Beat