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

Flexsteel Industries

19/08/2024 23:28

* Flexsteel Industries Inc  FLXS.OQ  reported quarterly
adjusted
earnings of 57 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 36 cents.  The lone analyst forecast for the
quarter was for earnings of 70 cents per share. 
    * Revenue rose 4.7% to $110.82 million from a year ago;
analysts
expected $110.04 million. 
    * Flexsteel Industries Inc's reported EPS for the quarter
was 89
cents​.
    * The company reported quarterly net income of $4.92
million.
    * Flexsteel Industries Inc shares had risen by 17.2% this
quarter and gained 93.1% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Flexsteel
Industries Inc is $46.00 

This summary was machine generated from LSEG data August 19 at
10:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.70           0.57           Missed
 Mar. 31 2024      0.56           0.67           Beat
 Dec. 31 2023      0.27           0.57           Beat
 Sep. 30 2023      0.24           0.14           Missed