Flexsteel Industries's Earnings: A Preview

Benzinga · 10/18 16:02

Flexsteel Industries (NASDAQ:FLXS) will release its quarterly earnings report on Monday, 2024-10-21. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Flexsteel Industries to report an earnings per share (EPS) of $0.62.

Anticipation surrounds Flexsteel Industries's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Here's a look at Flexsteel Industries's past performance and the resulting price change:

Quarter Q4 2024 Q3 2024 Q2 2024 Q1 2024
EPS Estimate 0.56 0.56 0.24
EPS Actual 0.75 0.67 0.57 0.14
Price Change % -2.0% -16.0% 8.0% 5.0%

Tracking Flexsteel Industries's Stock Performance

Shares of Flexsteel Industries were trading at $43.68 as of October 17. Over the last 52-week period, shares are up 118.49%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Flexsteel Industries visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.