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

Flexsteel Industries

24/10/2022 22:02

* Flexsteel Industries Inc  FLXS.OQ  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 25 cents per share.
    * Revenue fell 30.5% to $95.68 million from a year ago;
analysts
expected $82.34 million. 
    * Flexsteel Industries Inc's reported EPS for the quarter
was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 167.6% 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 12.3% this
quarter and lost 48.7% so far this year.
    * The company reported quarterly net income of $289
thousand.
    * Wall Street's median 12-month price target for Flexsteel
Industries Inc is $32.00 

This summary was machine generated from Refinitiv data October
24 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.25          0.05           Beat
 Jun. 30 2022      0.43           0.41           Missed
 Mar. 31 2022      0.50           0.81           Beat