Hooker Furnishings Corp HOFT.OQ reported a quarterly adjusted loss of 29 cents per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of -39 cents. The mean expectation of two analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -16 cents to -15 cents per share.
Revenue fell 8.8% to $85.32 million from a year ago; analysts expected $88.87 million.
Hooker Furnishings Corp's reported EPS for the quarter was a loss of 29 cents.
The company reported a quarterly loss of $3.05 million.
Hooker Furnishings Corp shares had risen by 13.1% this quarter and lost 18.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 247.6% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
Wall Street's median 12-month price target for Hooker Furnishings Corp is $17.00
This summary was machine generated from LSEG data June 12 at 01:31 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)