Flux Power Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview

Flux Power Holdings

04/12/2024 21:03

* Flux Power Holdings Inc  FLUX.OQ   FLUX.O  is expected
to show a
fall in quarterly revenue when it reports  results on December 6
(estimated) for the period ending June 30 2024
    * The Vista California-based  company is expected to report
a
12.1% decrease in revenue to $14.293 million from $16.25 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Flux Power Holdings Inc
is for
a loss of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Flux Power
Holdings Inc is $7.00​, above​ its last closing price of $1.73.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.10       -0.10      -0.16     Missed  -60
 Dec. 31 2024  -0.08       -0.04      -0.05     Missed  -15.4
 Sep. 30 2023  -0.13       -0.13      -0.13     Met     -2.6​
 Jun. 30 2023  -0.10       -0.05      -0.09     Missed  -63.6
 ​​Mar.        -0.10       -0.10      -0.09     Beat    10
 31 2023                                                
 Dec. 31 2022  -0.22       -0.18      -0.10     Beat    43.4​
 Sep. 30 2022  -0.21       -0.22      -0.13     Beat    40.9
 Jun. 30 2022              -0.26      -0.17     Beat    34.6
 This summary was machine generated December 4 at 21:02 GMT.  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)