Bassett Furniture Industries (BSET) Expected to Announce Earnings on Thursday

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

Bassett Furniture Industries Trading Up 0.4 %

Shares of NASDAQ:BSET opened at $13.90 on Thursday. Bassett Furniture Industries has a twelve month low of $12.10 and a twelve month high of $16.50. The company’s 50 day moving average is $14.40 and its 200 day moving average is $14.00. The company has a market cap of $122.33 million, a PE ratio of -7.13, a price-to-earnings-growth ratio of 1.07 and a beta of 1.69.

Analyst Ratings Changes

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

About Bassett Furniture Industries

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.