Flexsteel Industries Q1 EPS $0.74 Beats $0.62 Estimate, Sales $104.01M Beat $101.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Flexsteel Industries reported strong Q1 earnings, with EPS of $0.74 beating estimates by 19.35% and sales of $104.01M surpassing expectations by 2.37%. This marks a significant improvement from the previous year.
October 21, 2024 | 8:31 pm
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Flexsteel Industries reported Q1 EPS of $0.74, beating the $0.62 estimate by 19.35%, and sales of $104.01M, exceeding the $101.60M estimate. This represents a significant improvement from last year's EPS of $0.14 and sales of $94.60M.
The significant beat on both EPS and sales estimates, along with a substantial year-over-year improvement, suggests positive investor sentiment and potential upward movement in FLXS stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100