Bassett Furniture Industries (BSET) to Release Earnings on Wednesday

Key Points

• Bassett Furniture Industries is expected to report Q3 2026 results after the market closes on September 30. Analysts forecast earnings of $0.13 per share on revenue of approximately $82.8 million, with a conference call scheduled for October 1.
• The company’s previous quarter exceeded expectations, reporting EPS of $0.24 versus the $0.20 consensus and revenue of $83.75 million compared with estimates of $83.32 million.
• Bassett pays a quarterly dividend of $0.20 per share, equivalent to an annualized $0.80 and a 4.6% yield. Analysts’ consensus rating is “Moderate Buy,” though the dividend payout ratio is high at 125%.

Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) is projected to release its Q3 2026 results after the market closes on Wednesday, September 30th. Analysts expect Bassett Furniture Industries to announce earnings of $0.13 per share and revenue of $82.7960 million for the quarter. Parties may review the information on the company's upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, October 1, 2026 at 9:00 AM ET.

Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) last issued its quarterly earnings results on Wednesday, July 1st. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.04. The company had revenue of $83.75 million during the quarter, compared to the consensus estimate of $83.32 million. Bassett Furniture Industries had a net margin of 1.65% and a return on equity of 3.56%. During the same quarter in the prior year, the firm posted $0.22 EPS. On average, analysts expect Bassett Furniture Industries to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bassett Furniture Industries Trading Up 0.9%

NASDAQ BSET opened at $17.58 on Wednesday. The firm's 50 day simple moving average is $19.16 and its 200 day simple moving average is $16.67. The firm has a market capitalization of $152.24 million, a price-to-earnings ratio of 27.47, a P/E/G ratio of 1.22 and a beta of 0.77. Bassett Furniture Industries has a 1 year low of $13.17 and a 1 year high of $22.26.

Bassett Furniture Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a dividend of $0.20 per share. The ex-dividend date was Friday, August 14th. This represents a $0.80 annualized dividend and a yield of 4.6%. Bassett Furniture Industries's dividend payout ratio is presently 125.00%.

Wall Street Analyst Weigh In

BSET has been the topic of a number of research analyst reports. Weiss Ratings raised Bassett Furniture Industries from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, July 14th. Zacks Research cut Bassett Furniture Industries from a "strong-buy" rating to a "hold" rating in a report on Monday, September 7th. Finally, Wall Street Zen upgraded Bassett Furniture Industries from a "sell" rating to a "hold" rating in a research report on Saturday, June 20th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy".

About Bassett Furniture Industries

Bassett Furniture Industries, Incorporated is a home furnishings company headquartered in Bassett, Virginia. Founded in 1902, the company built its heritage in wooden furniture and has expanded into a broader range of residential furnishings.

Bassett designs, manufactures, sources and sells products including upholstered furniture, bedroom and dining furniture, occasional tables, home office furnishings, mattresses, rugs, lighting and decorative accessories. Its offerings are marketed under the Bassett brand, with an emphasis on coordinated room collections, customization and design services.

The company serves consumers primarily in the United States through company-owned and licensed Bassett Home Furnishings stores, its website and other retail channels.

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