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

Hooker Furnishings

08/12/2022 12:57

* Hooker Furnishings Corp  HOFT.OQ  reported quarterly
adjusted
earnings of 42 cents​​ per share for the quarter ended in
October. The lone analyst forecast for the quarter was
for earnings of 39 cents per share.
    * Revenue rose 13.6% to $151.58 million from a year ago;
analysts
expected $144.62 million. 
    * Hooker Furnishings Corp's reported EPS for the quarter was
42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 22%
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 28.7% this
quarter and lost 25.4% so far this year.
    * The company reported quarterly net income of $4.84
million.
    * 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 Refinitiv data December
8 at 12:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      0.39           0.42           Beat
 Jul. 31 2022      0.44           0.46           Beat
 Apr. 30 2022      0.28           0.27           Missed
 Jan. 31 2022      0.10           -0.33          Missed