Bassett Furniture Industries (NASDAQ:BSET) First Quarter 2025 Results
Key Financial Results
- Revenue: US$82.2m (down 5.1% from 1Q 2024).
- Net income: US$1.85m (up from US$1.19m loss in 1Q 2024).
- Profit margin: 2.3% (up from net loss in 1Q 2024).
- EPS: US$0.21 (up from US$0.14 loss in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Bassett Furniture Industries Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Consumer Durables industry in the US.
Performance of the American Consumer Durables industry.
The company's shares are down 2.3% from a week ago.
Risk Analysis
Be aware that Bassett Furniture Industries is showing 1 warning sign in our investment analysis that you should know about...
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