Recap: Hooker Furnishings Q1 Earnings
Portfolio Pulse from Benzinga Insights
Hooker Furnishings (NASDAQ:HOFT) reported Q1 earnings with an EPS of $0.13, beating estimates by 18.18%. However, revenue was down $25.50 million compared to the same period last year.
June 08, 2023 | 10:05 am
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Hooker Furnishings beat Q1 earnings estimates with an EPS of $0.13, an 18.18% increase. However, revenue was down $25.50 million YoY.
Hooker Furnishings beat earnings estimates, which could have a positive impact on the stock price. However, the decline in revenue compared to last year may offset this positive news, resulting in a neutral short-term impact on the stock price.
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