Flux Power Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Flux Power Holdings

31/01/2025 22:02

* Flux Power Holdings Inc  FLUX.OQ  reported a quarterly
adjusted
loss of 13 cents​​ per share for the quarter ended June 30,
lower than the same quarter last year, when the company reported
EPS of -9 cents.  The mean expectation of five analysts for the
quarter was for a loss of 13 cents per share. Wall Street
expected results to range from -15 cents to -12 cents per share.
    * Revenue fell 17.5% to $13.40 million from a year ago;
analysts
expected $14.29 million. 
    * Flux Power Holdings Inc's reported EPS for the quarter was
a
loss of 13 cents​.
    * The company reported a quarterly loss of $2.24 million.
    * Flux Power Holdings Inc shares had risen by 5.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Flux Power
Holdings Inc is $6.00 

This summary was machine generated from LSEG data January 31 at
10:02 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.13          -0.13          Met
 Mar. 31 2024      -0.10          -0.16          Missed
 Dec. 31 2023      -0.04          -0.05          Missed
 Sep. 30 2023      -0.13          -0.13          Met