Hooker Furniture Corp expected to post earnings of 70 cents a share - Earnings Preview

Hooker Furnishings

30/08/2021 13:35

* Hooker Furniture Corp  HOFT.OQ   HOFT.O  is expected to show a
rise in quarterly revenue when it reports results on September
9. 
* The Martinsville, Virginia-based company is expected to report
  a 25.8% increase in revenue to $164.208 million from $130.54
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Hooker Furniture Corp
is for earnings of 70 cents per share. For the same quarter last
year, the company reported earnings of 48 cents per share.
* 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." 
* The mean earnings estimate of analysts had fallen by
about 8.7% in the last three months. ​
* Wall Street's median 12-month price target for Hooker
Furniture Corp is $51​, about 34.1% above​ its last closing
price of $33.60. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Apr. 30 2021  0.21        0.21       0.83      Beat    295.2
 Jan. 31 2021  0.75        0.75       0.71      Missed  -5.3
 Oct. 31 2020  0.60        0.60       0.84      Beat    40​
 Jul. 31 2020  0.34        0.34       0.48      Beat    41.2
 Apr.          0.02​       0.02       0.81      Beat    3,950​
 30​ 2020​                                              
 Jan. 31 2020  0.55        0.55       0.59      Beat    7.3​
 Oct. 31 2019  0.48        0.48       0.33      Missed  -31.2
 Jul. 31 2019  0.43        0.43       0.35      Missed  -18.6
 This summary was machine generated August 30 at 12:35 GMT.  All
figures in US dollars unless otherwise stated