Hooker Furnishings (HOFT) Set to Announce Earnings on Thursday

Hooker Furnishings (NASDAQ:HOFT) will announce its earnings results before the market opens on Thursday, September 5th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Hooker Furnishings (NASDAQ:HOFT) last posted its quarterly earnings data on Thursday, June 6th. The company reported ($0.39) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.36). Hooker Furnishings had a net margin of 1.07% and a return on equity of 1.92%. The firm had revenue of $93.57 million during the quarter, compared to analysts’ expectations of $94.94 million. On average, analysts expect Hooker Furnishings to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hooker Furnishings Trading Down 3.3 %

Hooker Furnishings stock opened at $15.31 on Wednesday. Hooker Furnishings has a 12 month low of $13.09 and a 12 month high of $27.15. The business’s 50 day simple moving average is $14.78 and its 200 day simple moving average is $17.90. The company has a market cap of $163.54 million, a price-to-earnings ratio of 39.26, a PEG ratio of 12.57 and a beta of 1.20.

Insider Activity at Hooker Furnishings

In other news, Director Tonya Harris Jackson acquired 1,850 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were acquired at an average price of $13.61 per share, for a total transaction of $25,178.50. Following the completion of the purchase, the director now owns 25,229 shares in the company, valued at $343,366.69. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.70% of the stock is owned by company insiders.

Hooker Furnishings Company Profile

Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. It operates in three segments: Hooker Branded, Home Meridian, and Domestic Upholstery. The Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and bedroom furniture under the Hooker Furniture brand; and imported upholstered furniture under the Hooker Upholstery brand.