Hooker Furniture Corp : Profits of 62  cents announced for second quarter

Hooker Furnishings

09/09/2021 13:00

9 September 202111:59 a.m. ​All figures in US dollars.
The profits announced by Hooker Furniture Corp in the second
quarter  were lower than the Refinitiv mean estimate  of
profits.  The company reported profits of  62 cents per share,
14 cents higher than the same quarter last year when the company
reported EPS of 48 cents.  Profits of  65 cents per share were
forecast by the single analyst providing an estimate for the
quarter.      The company reported revenue of $162.52 million,
which is higher than the estimated $159.1 million. 
RECOMMENDATIONS 
* The single recommendation for the company is "Strong
Buy".      
* The average consensus recommendation for the home furnishings
peer group is also "Strong Buy".  
 
FORECAST CHANGES
* One analyst is currently providing Refinitiv with estimates. 
* In the last week one analyst has negatively revised an
earnings estimate and There was no change to the number of
estimates. 
 
YEAR OVER YEAR
* The company reported an increase in revenue to $162.52 million
from $130.54 million in the same quarter last year.
​
* Previous quarterly performance (using earnings preferred
measure)
 QUARTER ENDING    ESTIMATE          ACTUAL      BEAT, MET,
                                                 MISSED
 Apr. 30 2021      0.21​             0.83        Beat
 Jan. 31 2021      0.75              0.71        Missed
 Oct. 31 2020      0.60              0.84        Beat​
 Jul. 31 2020      0.34              0.48        Beat
 This summary was machine generated from Refinitiv data September
9 at 11:59 a.m