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Flexsteel Industries Fiscal Q4 Adjusted Earnings, Sales Increase -- Shares Rise After Hours
2024-08-20 05:38
05:38 PM EDT, 08/19/2024 (MT Newswires) -- Flexsteel Industries (FLXS) reported fiscal Q4 adjusted earnings late Monday of $0.75 per share, up from $0.36 a year earlier.
A single analyst polled by Capital IQ expected $0.67.
Net sales for the quarter that ended June 30 was $110.8 million, up from $105.8 million a year earlier.
A lone analyst surveyed by Capital IQ expected $109.5 million.
The company expects fiscal Q1 sales of $100 million to $105 million and fiscal 2025 revenue of $420 million to $436 million, respectively. A single analyst polled by Capital IQ expects $96.7 million and $420 million, respectively.
Shares of the company traded nearly 5% higher in after-hours activity.
Price: 40.74, Change: +1.84, Percent Change: +4.73
