Flexsteel Industries (FLXS) Surpasses Q2 Earnings and Revenue Estimates

Flexsteel Industries (FLXS) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $1.05 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 700%. A quarter ago, it was expected that this furniture maker would post a loss of $0.25 per share when it actually produced earnings of $0.09, delivering a surprise of 136%.

Full Article