Earnings Preview For Bassett Furniture Indus
Portfolio Pulse from Benzinga Insights
Bassett Furniture Indus (NASDAQ:BSET) is set to release its latest quarterly earnings report on September 28, 2023. Analysts estimate an earnings per share (EPS) of $-0.58. The company's stock performance has been generally negative over the last 52-week period, with shares down 12.3%. Last quarter, the company beat EPS by $0.21, but this was followed by a 0.0% drop in the share price the next day.
September 27, 2023 | 2:01 pm
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NEGATIVE IMPACT
Bassett Furniture Indus is expected to report a negative EPS for Q3 2023. The company's stock has been performing negatively, with a 12.3% decrease over the last 52 weeks.
The company is expected to report a negative EPS, which is generally seen as a negative indicator for the company's financial health. This, combined with the company's negative stock performance over the last year, could potentially lead to a further decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100