Flexsteel Industries Q4 EPS $0.36 Beats $0.35 Estimate, Sales $105.82M Beat $103.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
Flexsteel Industries (NASDAQ:FLXS) reported Q4 earnings of $0.36 per share, beating the analyst consensus estimate of $0.35 by 2.86%. However, this is a 12.2% decrease from the same period last year. The company also reported quarterly sales of $105.82 million, surpassing the analyst consensus estimate of $103.01 million by 2.73%, but this is a 15.02% decrease from the same period last year.
August 21, 2023 | 8:11 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Flexsteel Industries beat Q4 earnings and sales estimates but reported decreases from the same period last year.
While Flexsteel Industries beat analyst estimates for Q4 earnings and sales, the year-on-year decreases in both earnings and sales could potentially offset any positive impact from beating estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100