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.

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.

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.