Bassett Furniture Industries Inc reports results for the quarter ended November 30 - Earnings Summary

Bassett Furniture Industries

29/01/2025 22:02

* Bassett Furniture Industries Inc  BSET.OQ  reported
quarterly
adjusted earnings of 38 cents​​ per share for the quarter ended
November 30, higher than the same quarter last year, when the
company reported EPS of -47 cents.  The mean expectation of
two analysts for the quarter was for a loss of 4 cents per
share. Wall Street expected results to range from -12 cents to 5
cents per share.
    * Revenue fell 10.9% to $84.34 million from a year ago;
analysts
expected $82.82 million. 
    * Bassett Furniture Industries Inc's reported EPS for the
quarter
was 38 cents​.
    * The company reported quarterly net income of $3.2 million.
    * Bassett Furniture Industries Inc shares had risen by 0.9%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 800%
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 January 29 at
10:01 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
 Nov. 30 2024      -0.03          0.38           Beat
 Aug. 31 2024      -0.38          -0.52          Missed
 May. 31 2024      -0.11          -0.82          Missed
 Feb. 29 2024      0.01           -0.14          Missed