The highly anticipated financial results for the first quarter of Flexsteel Industries (NASDAQ: FLXS) are scheduled to be disclosed on Monday 21st October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
the enterprise is poised to announce an estimated $0.62 profit per share for the quarter, as predicted by financial experts on Wall Street. Additionally, the firm is expected to reveal a total revenue of $101.6 million for this period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.14. This notable figure was attributed to the company's total revenue, which settled at an impressive $94.6 million during that specific quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $427.47 million. Additionally, they expect the company to reach profit of $3 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $0.75 | +108.3% | 110.82 M | +4.7% |
| 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 | ||||
Additionally, The company will host a conference call with investors and analysts on 22nd October 2024 at 09:00 AM eastern time to review the Q1 2025 financial results.
During Thursday's trading, Flexsteel Industries (FLXS) shares reached a low of $42.54 and a high of $43.68, along with a total volume of 11.80 thousand shares. The stock ended the regular trading session at $43.68, indicating a gain of 0.62 percent.
