Hooker Furniture (HOFT) Reports Q2 Loss, Tops Revenue Estimates

Hooker Furniture (HOFT) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -46.15%. A quarter ago, it was expected that this home furnishings company would post a loss of $0.03 per share when it actually produced a loss of $0.39, delivering a surprise of -1,200%. Over the last four quarters ...