Flexsteel Industries Inc reports results for the quarter ended March 31 - Earnings Summary

• Flexsteel Industries Inc FLXS.OQ reported quarterly adjusted earnings of $1.13​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 67 cents. The lone analyst forecast for the quarter was for earnings of 88 cents per share.

• Revenue rose 6.3% to $113.97 million from a year ago; analysts expected $111.94 million.

• Flexsteel Industries Inc's reported EPS for the quarter was a loss of 71 cents​.

• The company reported a quarterly loss of $3.74 million.

• Flexsteel Industries Inc shares had fallen by 10.4% this quarter and lost 39.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• Wall Street's median 12-month price target for Flexsteel Industries Inc is $54.00

This summary was machine generated from LSEG data April 21 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)