Flexsteel Industries, Inc. (FLXS) is slated to report its first-quarter fiscal 2025 results on Oct. 21, after market close. In the last reported quarter, the company's earnings topped the Zacks Consensus Estimate by 11.9% and increased 108.3% year over year. Net sales topped the consensus mark by 1.2% and increased 4.7% from the prior-year quarter's level. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. FLXS' bottom line topped the consensus mark in two of the trailing four quarter ...

Flexsteel CIO: "3D Cloud has a unique mix of leading technology, straightforward pricing, and a holistic solution that addresses the critical challenges in 3D product visualization for furniture manufacturers." DUBUQUE, Iowa, Sept. 16, 2024 /PRNewswire/ -- Flexsteel Industries, Inc. (NASDAQ:FLXS), one of the oldest and largest manufacturers, importers, and marketers of residential upholstered and wooden furniture products in the United States, today announced its partnership with 3D Cloud™, the leading prov ...

Core Insights - Flexsteel Industries (FLXS) reported quarterly earnings of $0.75 per share, exceeding the Zacks Consensus Estimate of $0.67 per share, and showing significant growth from $0.36 per share a year ago, resulting in an earnings surprise of 11.94% [1] - The company achieved revenues of $110.82 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.19% and increasing from $105.82 million year-over-year [2] - Flexsteel shares have increased approximately 93.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.54 on revenues of $96.68 million, while the estimate for the current fiscal year is $2.87 on revenues of $419.99 million [7] - The estimate revisions trend for Flexsteel is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Furniture industry, to which Flexsteel belongs, is currently ranked in the top 19% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% of industries [8] - Another company in the same industry, Hooker Furniture (HOFT), is expected to report a quarterly loss of $0.05 per share, reflecting a year-over-year change of -171.4% [9]

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metric ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. Here are three of the most important factors that make the stock of this furniture maker a great growth pick right now. Earnings Growth Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most inve ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...

Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 0-5151 ______________________________________ FLEXSTEEL INDUSTRIES, INC. (Exact Name of Registrant as Specified in Its Charter) Incorporated in the State of Minnesota 42-0442319 (State or other Jurisdiction of (I.R.S. Identification No.) Incorporation or Organization) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ______________ ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), whic ...

Flexsteel Industries (FLXS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investor ...

Flexsteel Industries (FLXS) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.64%. A quarter ago, it was expected that this furniture maker would post earnings of $0.57 per share when it actually produced earnings of $0.57, delivering no surprise.Over the last four quarters, the comp ...