Flexsteel Industries (FLXS) Expected to Announce Quarterly Earnings on Monday

Flexsteel Industries (NASDAQ:FLXS) is projected to announce its earnings results before the market opens on Monday, February 3rd. Analysts expect the company to announce earnings of $0.74 per share and revenue of $104,613.00 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Flexsteel Industries Price Performance

Shares of NASDAQ FLXS opened at $49.88 on Monday. Flexsteel Industries has a twelve month low of $26.62 and a twelve month high of $65.87. The company has a current ratio of 2.84, a quick ratio of 1.04 and a debt-to-equity ratio of 0.02. The firm has a 50-day moving average of $56.29 and a two-hundred day moving average of $47.88. The company has a market capitalization of $259.87 million, a price-to-earnings ratio of 19.72, a PEG ratio of 1.32 and a beta of 0.41.

Flexsteel Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Saturday, December 28th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend was Friday, December 27th. Flexsteel Industries’s dividend payout ratio is presently 26.88%.

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.