Uncovering Potential: Hooker Furnishings's Earnings Preview

Hooker Furnishings HOFT is preparing to release its quarterly earnings on Thursday, 2024-12-05. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Hooker Furnishings to report an earnings per share (EPS) of $0.31.

The announcement from Hooker Furnishings is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Past Earnings Performance

During the last quarter, the company reported an EPS missed by $0.06, leading to a 1.07% drop in the share price on the subsequent day.

Here's a look at Hooker Furnishings's past performance and the resulting price change:

Performance of Hooker Furnishings Shares

Shares of Hooker Furnishings were trading at $18.19 as of December 03. Over the last 52-week period, shares are down 19.34%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Hooker Furnishings visit their earnings calendar on our site.

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