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

Flexsteel Industries

31/10/2023 21:02

* Flexsteel Industries Inc  FLXS.OQ  reported quarterly
adjusted
earnings of 14 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 9 cents.The lone analyst forecast for
the quarter was for earnings of 24 cents per share. 
    * Revenue fell 1.1% to $94.60 million from a year ago;
analysts
expected $96.13 million. 
    * Flexsteel Industries Inc's reported EPS for the quarter
was 14
cents​.
    * The company reported quarterly net income of $752
thousand.
    * Flexsteel Industries Inc shares had fallen by 3.8% this
quarter and gained 29.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Flexsteel
Industries Inc is $29.00 

This summary was machine generated from LSEG data October 31 at
09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.24           0.14           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