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

Hooker Furnishings

07/12/2023 14:31

* Hooker Furnishings Corp  HOFT.OQ  reported quarterly
adjusted
earnings of 65 cents​​ per share for the quarter ended in
October, higher than the same quarter last year, when the
company reported EPS of 42 cents.  The mean expectation of
two analysts for the quarter was for earnings of 26 cents per
share. Wall Street expected results to range from 19 cents to 32
cents per share.
    * Revenue fell 22.9% to $116.83 million from a year ago;
analysts
expected $116.26 million. 
    * Hooker Furnishings Corp's reported EPS for the quarter was
65
cents​.
    * The company reported quarterly net income of $7.04
million.
    * Hooker Furnishings Corp shares had risen by 3.3% this
quarter and gained 7.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 51%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Hooker
Furnishings Corp is $26.00 

This summary was machine generated from LSEG data December 7 at
02:31 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
 Oct. 31 2023      0.26           0.65           Beat
 Jul. 31 2023      0.26           0.07           Missed
 Apr. 30 2023      0.11           0.13           Beat
 Jan. 31 2023      0.07           -1.60          Missed