Flexsteel Industries (FLXS) Tops Q1 Earnings and Revenue Estimates

Core Insights - Flexsteel Industries (FLXS) reported quarterly earnings of $1.31 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and showing an increase from $0.74 per share a year ago, resulting in an earnings surprise of +67.95% [1] - The company achieved revenues of $110.44 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.80% and up from $104.01 million year-over-year [2] - Flexsteel has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The future performance of Flexsteel's stock will largely depend on management's commentary during the earnings call and the sustainability of the recent earnings surprise [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.56 on revenues of $107.4 million, while the estimate for the current fiscal year is $3.00 on revenues of $445.13 million [7] Industry Context - The furniture industry, to which Flexsteel belongs, is currently ranked in the bottom 19% of over 250 Zacks industries, indicating a challenging environment [8] - La-Z-Boy (LZB), another company in the same industry, is expected to report a year-over-year earnings decline of -26.8% in its upcoming report [9]