Recap: Bassett Furniture Indus Q2 Earnings - Bassett Furniture Indus (NASDAQ:BSET)

Bassett Furniture Indus BSET reported its Q2 earnings results on Thursday, June 29, 2023 at 09:00 AM.

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

Bassett Furniture Indus beat estimated earnings by 700.0%, reporting an EPS of $0.24 versus an estimate of $0.03.

Revenue was down $28.19 million from the same period last year.

Last quarter the company missed on EPS by $0.08 which was followed by a 1.0% drop in the share price the next day.

Here's a look at Bassett Furniture Indus's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	0.24	0.37	0.64	0.45
EPS Actual	0.16	0.61	0.84	0.81
Revenue Estimate	108.24M	111.60M	119.62M	117.38M
Revenue Actual	107.70M	121.02M	118.01M	128.71M

To track all earnings releases for Bassett Furniture Indus visit their earnings calendar here.

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