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

Flexsteel Industries

21/08/2023 22:01

* Flexsteel Industries Inc  FLXS.OQ  reported quarterly
adjusted
earnings of 36 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 35
cents per share.
    * Revenue fell 15% to $105.82 million from a year ago;
analysts
expected $103.01 million. 
    * Flexsteel Industries Inc's reported EPS for the quarter
was
$1.91​.
    * 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 12.5% this
quarter and gained 39.6% so far this year.
    * The company reported quarterly net income of $10.16
million.
    * Wall Street's median 12-month price target for Flexsteel
Industries Inc is $29.00 

This summary was machine generated from LSEG Refinitiv data
August 21 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.35           0.36           Beat
 Mar. 31 2023      0.22           0.28           Beat
 Dec. 31 2022      0.03           0.08           Beat
 Sep. 30 2022      -0.25          0.09           Beat