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

Flexsteel Industries

01/05/2023 23:10

* Flexsteel Industries Inc  FLXS.OQ  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 22
cents per share.
    * Revenue fell 29.5% to $99.05 million from a year ago;
analysts
expected $97.72 million. 
    * Flexsteel Industries Inc's reported EPS for the quarter
was 28
cents​.
    * The mean earnings estimate of analysts had fallen by
about 42.1%
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 fallen by 10.2% this
quarter and gained 12.3% so far this year.
    * The company reported quarterly net income of $1.48
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 May
1 at 10:10 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.22           0.28           Beat
 Dec. 31 2022      0.03           0.08           Beat
 Sep. 30 2022      -0.25          0.09           Beat
 Jun. 30 2022      0.43           0.41           Missed