Flexsteel Industries Inc reports results for the quarter ended in December - Earnings Summary

Flexsteel Industries

06/02/2023 22:55

* Flexsteel Industries Inc  FLXS.OQ  reported quarterly
adjusted
earnings of 8 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was
for earnings of 3 cents per share.
    * Revenue fell 34.3% to $93.14 million from a year ago;
analysts
expected $90.10 million. 
    * Flexsteel Industries Inc's reported EPS for the quarter
was 53
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Flexsteel Industries Inc shares had risen by 23.8% this
quarter.
    * The company reported quarterly net income of $2.85
million.
    * Wall Street's median 12-month price target for Flexsteel
Industries Inc is $32.00 

This summary was machine generated from Refinitiv data February
6 at 10:55 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.03           0.08           Beat
 Sep. 30 2022      -0.25          0.05           Beat
 Jun. 30 2022      0.43           0.41           Missed
 Mar. 31 2022      0.50           0.81           Beat