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Recap: Bassett Furniture Indus Q2 Earnings

Author: Benzinga Insights | June 29, 2023 09:15am

Bassett Furniture Indus (NASDAQ: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.

Earnings

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.

Past Earnings Performance

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.

Posted In: BSET

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