Flux Power Holdings Inc expected to post a loss of 22 cents a share - Earnings Preview

Flux Power Holdings

09/11/2022 01:35

* Flux Power Holdings Inc  FLUX.OQ   FLUX.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
10. 
    * The Vista California-based  company is expected to report 
a
88.8% increase in revenue to $11.838 million from $6.27 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Flux Power Holdings
Inc
is for a loss of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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​, above​ its last closing price of $3.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022              -0.26      -0.17     Beat    34.6
 Mar. 31 2022  -0.30       -0.28      -0.23     Beat    17.9
 Dec. 31 2021  -0.26       -0.26      -0.32     Missed  -24.7​
 Sep. 30 2021  -0.29       -0.28      -0.30     Missed  -5.3
 ​​Jun.                    -0.20      -0.28     Missed  -36.6
 30 2021                                                
 Mar. 31 2021  -0.24       -0.24      -0.14     Beat    41.7​
 Dec. 31 2020  -0.29       -0.28      -0.29     Missed  -1.8
 Sep. 30 2020  -0.37       -0.37      -0.42     Missed  -13.5
 This summary was machine generated November 9 at 01:35 GMT.  All
figures in US dollars  unless otherwise stated