Zacks Investment Research
Bassett Furniture (BSET) Beats Q3 Earnings Estimates
Bassett Furniture reported quarterly earnings of $0.24 per share, beating consensus estimates by 84.62%, though revenues slightly missed expectations. Despite the earnings beat, the company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revisions. The furniture industry ranks in the bottom 11% of sectors, and Bassett has underperformed the S&P 500 year-to-date.
