Recap: Hooker Furnishings Q1 Earnings

Hooker Furnishings HOFT reported its Q1 earnings results on Thursday, June 8, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Hooker Furnishings beat estimated earnings by 18.18%, reporting an EPS of $0.13 versus an estimate of $0.11.

Revenue was down $25.50 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.67 which was followed by a 1.85% increase in the share price the next day.

Here's a look at Hooker Furnishings's past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.07 0.39 0.44 0.28
EPS Actual -1.60 0.42 0.46 0.26
Revenue Estimate 136.79M 144.62M 159.09M 145.35M
Revenue Actual 131.23M 151.58M 152.91M 147.31M

To track all earnings releases for Hooker Furnishings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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