Hooker Furnishings Corp reports results for the quarter ended in January - Earnings Summary

Hooker Furnishings

11/04/2024 14:31

* Hooker Furnishings Corp  HOFT.OQ  reported quarterly
adjusted
earnings of 6 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of $-1.60.  The mean expectation of
two analysts for the quarter was for earnings of 10 cents per
share. Wall Street expected results to range from 7 cents to 12
cents per share.
    * Revenue fell 26.3% to $96.78 million from a year ago;
analysts
expected $99.69 million. 
    * Hooker Furnishings Corp's reported EPS for the quarter was
6
cents​.
    * The company reported quarterly net income of $593
thousand.
    * Hooker Furnishings Corp shares had fallen by 14.2% this
quarter and lost 21.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 84%
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 $26.00 

This summary was machine generated from LSEG data April 11 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.10           0.06           Missed
 Oct. 31 2023      0.26           0.65           Beat
 Jul. 31 2023      0.26           0.07           Missed
 Apr. 30 2023      0.11           0.13           Beat