Bassett Furniture Industries (BSET) to Release Quarterly Earnings on Thursday

Bassett Furniture Industries (NASDAQ:BSET) is expected to announce its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.05 per share and revenue of $82,895.50 billion for the quarter.

Bassett Furniture Industries Price Performance

Shares of Bassett Furniture Industries stock opened at $13.90 on Thursday. Bassett Furniture Industries has a 1 year low of $12.10 and a 1 year high of $16.50. The firm’s 50-day moving average is $14.40 and its two-hundred day moving average is $14.00. The stock has a market cap of $122.33 million, a price-to-earnings ratio of -7.13, a PEG ratio of 1.07 and a beta of 1.69.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Bassett Furniture Industries from a “buy” rating to a “hold” rating in a research report on Friday, December 20th.

Bassett Furniture Industries Company Profile

Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers.