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

Hooker Furnishings

08/09/2023 14:31

* Hooker Furnishings Corp  HOFT.OQ  reported quarterly
adjusted
earnings of 7 cents​​ per share for the quarter ended in July.
The lone analyst forecast for the quarter was for earnings of 26
cents per share.
    * Revenue fell 36% to $97.81 million from a year ago;
analysts
expected $134.75 million. 
    * Hooker Furnishings Corp's reported EPS for the quarter was
7
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Hooker Furnishings Corp shares had risen by 14.7% this
quarter and gained 14.4% so far this year.
    * Wall Street's median 12-month price target for Hooker
Furnishings Corp is $28.00 
    * The current average analyst rating on the shares is
"strong 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
September 8 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.26           0.07           Missed
 Apr. 30 2023      0.11           0.13           Beat
 Jan. 31 2023      0.07           -1.60          Missed
 Oct. 31 2022      0.39           0.42           Beat