Flexsteel Industries Sees FY25 Revenue $416M-$432M Vs $426.976M Est.
Portfolio Pulse from Benzinga Newsdesk
Flexsteel Industries projects its FY25 revenue to be between $416M and $432M, compared to the estimated $426.976M.
April 29, 2024 | 9:02 pm
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Flexsteel Industries anticipates FY25 revenue to range from $416M to $432M, which is slightly below the analyst estimate of $426.976M.
The projected revenue range for Flexsteel Industries in FY25 is slightly below the current analyst estimates, which could lead to negative sentiment among investors and potentially impact the stock price negatively in the short term. The close alignment with analyst expectations, however, suggests that the impact may not be significantly adverse, but the indication of not meeting or exceeding expectations could lead to cautious or negative reactions in the market.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100