Flexsteel Industries's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Flexsteel Industries (NASDAQ:FLXS) is scheduled to release its quarterly earnings report on February 5, 2024, with analysts estimating an EPS of $0.56. The company's past earnings performance shows mixed results, with both misses and beats in previous quarters. Shares of Flexsteel Industries have seen a 45.13% increase over the last 52 weeks, trading at $28.09 as of February 1. Investors are looking forward to the company's guidance for the next quarter, which could significantly impact the stock price.
February 02, 2024 | 5:01 pm
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Flexsteel Industries is anticipated to report an EPS of $0.56 in its upcoming earnings, with a focus on future guidance. The stock has risen 45.13% over the past year, indicating positive investor sentiment.
Given the positive long-term shareholder sentiment and the stock's performance over the last year, the anticipation of a positive earnings report and future guidance could lead to a short-term increase in FLXS's stock price. However, the mixed historical earnings performance introduces some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100