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 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.12, Yahoo Finance reports. Flexsteel Industries had a return on equity of 7.98% and a net margin of 2.55%. The company had revenue of $104.01 million during the quarter, compared to the consensus estimate of $101.60 million. During the same period in the previous year, the firm posted $0.14 earnings per share. Flexsteel Industries updated its Q2 2025 guidance to EPS and its FY 2025 guidance to EPS.

Flexsteel Industries Stock Performance

Shares of NASDAQ FLXS traded up $6.20 during trading hours on Tuesday, reaching $48.80. The stock had a trading volume of 15,399 shares, compared to its average volume of 30,223. Flexsteel Industries has a twelve month low of $15.67 and a twelve month high of $50.02. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.57 and a quick ratio of 0.97. The business’s fifty day moving average is $41.43 and its two-hundred day moving average is $37.42. The company has a market cap of $251.61 million, a price-to-earnings ratio of 16.54, a PEG ratio of 1.16 and a beta of 0.46.

Flexsteel Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.17 per share. The ex-dividend date was Wednesday, September 25th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.39%. This is a positive change from Flexsteel Industries’s previous quarterly dividend of $0.15. Flexsteel Industries’s dividend payout ratio is currently 23.05%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Flexsteel Industries from a “hold” rating to a “buy” rating in a report on Wednesday, August 21st.

About Flexsteel Industries

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.