Flexsteel Industries Q4 2024 Adj EPS $0.75 Beats $0.70 Estimate, Sales $110.82M Beat $110.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Flexsteel Industries reported Q4 2024 earnings of $0.75 per share, surpassing the $0.70 estimate, and sales of $110.82M, exceeding the $110.04M estimate. This marks a significant year-over-year growth in both earnings and sales.
August 19, 2024 | 8:47 pm
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Flexsteel Industries reported better-than-expected Q4 2024 earnings and sales, with EPS of $0.75 beating the $0.70 estimate and sales of $110.82M surpassing the $110.04M estimate. This reflects a strong performance and significant growth compared to the previous year.
The company's earnings per share and sales both exceeded analyst expectations, indicating strong financial performance. The significant year-over-year growth in EPS and sales suggests positive momentum, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100