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
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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