Earnings Preview: Bassett Furniture Indus

Bassett Furniture Indus BSET will release its quarterly earnings report on Wednesday, 2024-10-09. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Bassett Furniture Indus to report an earnings per share (EPS) of $-0.38.

The announcement from Bassett Furniture Indus 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.

Overview of Past Earnings

Last quarter the company missed EPS by $0.71, which was followed by a 5.05% increase in the share price the next day.

Here's a look at Bassett Furniture Indus's past performance and the resulting price change:

Bassett Furniture Indus Share Price Analysis

Shares of Bassett Furniture Indus were trading at $14.21 as of October 04. Over the last 52-week period, shares are down 5.89%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Bassett Furniture Indus visit their earnings calendar on our site.

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