Flux Power Holdings Inc expected to post a loss of 5 cents a share - Earnings Preview

Flux Power Holdings

19/09/2023 21:10

* Flux Power Holdings Inc  FLUX.OQ   FLUX.O  is expected
to show a
rise in quarterly revenue when it reports  results on September
21. 
    * The Vista California-based  company is expected to report 
a
7.8% increase in revenue to $16.387 million from $15.2 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Flux Power Holdings
Inc
is for a loss of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $4.09.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.10       -0.10      -0.09     Beat    10
 Dec. 31 2023  -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
 ​​Mar.        -0.30       -0.28      -0.23     Beat    17.9
 31 2022                                                
 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
 This summary was machine generated September 19 at 20:09 GMT. 
All figures in US dollars  unless otherwise stated