Flexsteel Industries Q3 2024 Adj EPS $0.67 Beats $0.56 Estimate, Sales $107.219M Beat $102.113M Estimate
Portfolio Pulse from Benzinga Newsdesk
Flexsteel Industries (NASDAQ:FLXS) reported Q3 2024 adjusted EPS of $0.67, surpassing the $0.56 estimate, and sales of $107.219M, exceeding the $102.113M estimate. This represents a 139.29% increase in earnings and an 8.25% increase in sales over the same period last year.

April 29, 2024 | 8:56 pm
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Flexsteel Industries reported a significant beat on both earnings and sales estimates for Q3 2024, with a notable year-over-year growth in earnings and sales.
Flexsteel Industries' substantial beat on both earnings per share and sales estimates, coupled with significant year-over-year growth, is likely to positively impact investor sentiment and the stock price in the short term. The company's performance exceeds analyst expectations, indicating strong operational efficiency and market demand for its products. This positive news is directly related to FLXS and is critical for investors, reflecting both the company's current financial health and its potential for future growth.
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