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

Bassett Furniture Industries

30/03/2023 14:37

* Bassett Furniture Industries Inc  BSET.OQ  reported
quarterly
adjusted earnings of 16 cents​​ per share for the quarter ended
in February. The mean expectation of two analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue fell 8.6% to $107.70 million from a year ago;
analysts
expected $108.24 million. 
    * Bassett Furniture Industries Inc's reported EPS for the
quarter
was 16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bassett Furniture Industries Inc shares had risen by 8.8%
this
quarter.
    * The company reported quarterly net income of $1.45
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 LSEG Refinitiv data
March 30 at 01:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 28 2023      0.24           0.16           Missed
 Nov. 30 2022      0.38           0.55           Beat
 Aug. 31 2022      0.64           0.82           Beat
 May. 31 2022      0.45           0.81           Beat