Hooker Furniture Corporation (NASDAQ:HOFT) is set to announce its earnings results before the market opens on Thursday, September 7th.

Hooker Furniture Corporation (NASDAQ:HOFT) last announced its quarterly earnings data on Thursday, June 8th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by $0.05. Hooker Furniture Corporation had a return on equity of 14.53% and a net margin of 4.70%. The firm had revenue of $130.90 million for the quarter, compared to analysts’ expectations of $133.83 million. During the same quarter in the prior year, the business posted $0.22 earnings per share. Hooker Furniture Corporation’s revenue was up 7.5% on a year-over-year basis. On average, analysts expect Hooker Furniture Corporation to post $2.67 EPS for the current fiscal year and $3.12 EPS for the next fiscal year.

Shares of Hooker Furniture Corporation (NASDAQ HOFT) opened at 40.10 on Tuesday. The company’s 50 day moving average price is $42.03 and its 200 day moving average price is $39.32. Hooker Furniture Corporation has a one year low of $23.44 and a one year high of $46.60. The stock has a market capitalization of $463.36 million, a price-to-earnings ratio of 16.93 and a beta of 0.62.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date is Thursday, September 14th. Hooker Furniture Corporation’s payout ratio is presently 20.17%.

Separately, BidaskClub raised shares of Hooker Furniture Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th.

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About Hooker Furniture Corporation

Hooker Furniture Corporation is a home furnishings marketing, design and logistics company offering sourcing of residential casegoods and upholstery, as well as domestically-produced leather and fabric-upholstered furniture. The Company operates through three segments: casegoods furniture, upholstered furniture and all other.

Earnings History for Hooker Furniture Corporation (NASDAQ:HOFT)

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