Flux Power Holdings Inc expected to post a loss of 28 cents a share - Earnings Preview

Flux Power Holdings

08/11/2021 15:28

* Flux Power Holdings Inc  FLUX.OQ   FLUX.O  is expected to show
a rise in quarterly revenue when it reports  results on November
10 (estimated). 
* The Vista, California-based company is expected to report  a
40.3% increase in revenue to $6.312 million from $4.5 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 28 cents per share. For the same quarter last
year, the company reported a loss of 42 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 $13​, about 53.6% above​ its last closing price
of $6.03. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021              -0.20      -0.28     Missed  -36.6
 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
 ​​                                                     
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 This summary was machine generated November 8 at 15:27 GMT.  All
figures in US dollars unless otherwise stated