Exploring Flexsteel Industries's Earnings Expectations

Benzinga · 10/18 18:27

Flexsteel Industries (NASDAQ:FLXS) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.

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

The announcement from Flexsteel Industries is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

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%

Flexsteel Industries Share Price Analysis

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.