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

Hooker Furniture (HOFT) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to a loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -158.33%. A quarter ago, it was expected that this home furnishings company would post a loss of $0.16 per share when it actually produced a loss of $0.29, delivering a surprise of -81.25%.Over the last four quarters, t ...