Hooker Furniture (HOFT) Misses Q4 Earnings and Revenue Estimates

Hooker Furniture (HOFT) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of$ 0.10 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -40%. A quarter ago, it was expected that this home furnishings company would post earnings of$ 0.26 per share when it actually produced earnings of $0.65, delivering a surprise of 150%.Over the last four quarters ...