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

Hooker Furnishings

05/12/2024 14:31

* Hooker Furnishings Corp  HOFT.OQ  reported a quarterly
adjusted
loss of 39 cents​​ per share for the quarter ended October 31,
lower than the same quarter last year, when the company reported
EPS of 65 cents.  The mean expectation of two analysts for the
quarter was for earnings of 28 cents per share. Wall Street
expected results to range from 2 cents to 53 cents per share.
    * Revenue fell 10.7% to $104.35 million from a year ago;
analysts
expected $101.35 million. 
    * Hooker Furnishings Corp's reported EPS for the quarter was
a
loss of 39 cents​.
    * The company reported a quarterly loss of $4.13 million.
    * Hooker Furnishings Corp shares had fallen by 0.9% this
quarter and lost 31.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.3%
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 $20.00 

This summary was machine generated from LSEG data December 5 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 2024      0.28           -0.39          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