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

Flux Power Holdings

10/05/2022 21:23

* Flux Power Holdings Inc  FLUX.OQ   FLUX.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 12. 
    * The Vista California-based  company is expected to report 
a
31.4% increase in revenue to $9.153 million from $6.96 million a
year ago, according to the mean estimate from 4 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 14 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $10​, above​ its last closing price of $2.55.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021              -0.20      -0.28     Missed  -36.6​
 Mar. 31 2021  -0.24       -0.24      -0.14     Beat    41.7
 ​​Dec.        -0.29       -0.28      -0.29     Missed  -1.8
 31 2020                                                
 Sep. 30 2020  -0.37       -0.37      -0.42     Missed  -13.5​
 This summary was machine generated May 10 at 20:23 GMT.  All
figures in US dollars  unless otherwise stated