Bassett Furniture reported quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.20 per share by 23.08%. Revenue came in at $83.75 million, surpassing the consensus estimate by 0.52% and comparing to $84.35 million a year ago. The company has topped consensus revenue estimates three times over the last four quarters. Bassett shares have added about 5.7% since the beginning of the year, underperforming the S&P 500's gain of 9.6%. The current Zacks Rank for the stock is #3 (Hold), indicating shares are expected to perform in line with the market in the near future.
Bassett Furniture IndustriesBassett Furniture beat Q2 earnings and revenue estimates, exceeding analyst expectations.
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