Brace yourselves for the unveiling of Flexsteel Industries's (NASDAQ: FLXS) fourth quarter financial results on Monday 19th August 2024. This eagerly awaited announcement will take place after market close.
Financial analysts on Wall Street are predicting that the establishment is expected to report an estimated per share $0.70 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $110.04 million during this period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $411.97 million. Additionally, the earnings per share for the company are also anticipated to reach profit of $2.09 over the course of the fiscal year.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.36. Moreover, the company achieved a remarkable total revenue of $105.82 million during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $0.67 | +139.3% | 107.22 M | +8.2% |
| Q2 2024 | $0.57 | +612.5% | 100.11 M | +7.5% |
| Q1 2024 | $0.14 | +55.6% | 94.60 M | -1.1% |
| Q4 2023 | $0.36 | -12.2% | 105.82 M | -15.0% |
*Growth on year-over-year basis
FLXS will host a conference call with investment community on 20th August 2024 at 09:00 AM eastern time to discuss the financial results.
Flexsteel Industries (FLXS) shares traded as low as $35.57 and as high as $37.49 on a day volume of 34.30 thousand shares, closed Friday's regular trading session at $36.40, a gain of 2.19 percent.
