Flexsteel Industries (NASDAQ:FLXS) Releases Quarterly Earnings Results, Beats Estimates By $0.12 EPS

Flexsteel Industries (NASDAQ:FLXS) issued its earnings results on Monday. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.12, Yahoo Finance reports. The company had revenue of $104.01 million for the quarter, compared to analyst estimates of $101.60 million. Flexsteel Industries had a net margin of 2.55% and a return on equity of 7.98%. During the same quarter last year, the firm earned $0.14 EPS. Flexsteel Industries updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.

Flexsteel Industries Trading Up 15.0 %

Shares of NASDAQ FLXS traded up $6.40 during mid-day trading on Tuesday, hitting $49.00. The company’s stock had a trading volume of 17,757 shares, compared to its average volume of 30,234. The stock has a market cap of $252.64 million, a price-to-earnings ratio of 16.54, a price-to-earnings-growth ratio of 1.16 and a beta of 0.46. The company’s fifty day simple moving average is $41.43 and its 200-day simple moving average is $37.42. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.57 and a quick ratio of 0.97. Flexsteel Industries has a one year low of $15.67 and a one year high of $50.08.

Flexsteel Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Wednesday, September 25th were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Wednesday, September 25th. This is a positive change from Flexsteel Industries’s previous quarterly dividend of $0.15. Flexsteel Industries’s dividend payout ratio (DPR) is 23.05%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Flexsteel Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, August 21st.

Flexsteel Industries Company Profile

Flexsteel Industries, Inc, together with its subsidiaries, operates as a manufacturer, importer, and markets of upholstered furniture for residential and contract markets in the United States. It provides upholstered furniture, such as sofas, loveseats, chairs, reclining rocking chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, kitchen storage, bedroom furniture, and outdoor furniture.