Bassett Furniture Industries Inc reports results for the quarter ended February 28 - Earnings Summary

• Bassett Furniture Industries Inc BSET.OQ reported quarterly adjusted earnings of 21 cents​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of two analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 3 cents per share.

• Revenue fell 5.1% to $82.16 million from a year ago; analysts expected $79.62 million.

• Bassett Furniture Industries Inc's reported EPS for the quarter was 21 cents​.

• The company reported quarterly net income of $1.85 million.

• Bassett Furniture Industries Inc shares had fallen by 0.6% this quarter and gained 9.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 44.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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• Wall Street's median 12-month price target for Bassett Furniture Industries Inc is $19.00

This summary was machine generated from LSEG data April 2 at 09:00 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
Feb. 28 2025	0.03	0.21	Beat
Nov. 30 2024	-0.03	0.38	Beat
Aug. 31 2024	-0.38	-0.52	Missed
May. 31 2024	-0.11	-0.82	Missed