Hooker Furnishings Corp reports results for the quarter ended in July 31 - Earnings Summary

Hooker Furnishings

05/09/2024 14:31

* Hooker Furnishings Corp  HOFT.OQ  reported a quarterly
adjusted
loss of 19 cents​​ per share for the quarter ended July 31,
lower than the same quarter last year, when the company reported
EPS of 7 cents.  The lone analyst forecast for the quarter was
for a loss of 13 cents per share. 
    * Revenue fell 2.8% to $95.08 million from a year ago;
analysts
expected $93.54 million. 
    * Hooker Furnishings Corp's reported EPS for the quarter was
a
loss of 19 cents​.
    * The company reported a quarterly loss of $1.95 million.
    * Hooker Furnishings Corp shares had risen by 7.2% this
quarter and lost 40.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 230%
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 $20.00 

This summary was machine generated from LSEG data September 5 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
 Jul. 31 2024      -0.13          -0.19          Missed
 Apr. 30 2024      -0.02          -0.39          Missed
 Jan. 31 2024      0.10           0.06           Missed
 Oct. 31 2023      0.26           0.65           Beat