What To Expect From Flexsteel Industries, Inc. ($FLXS) 1Q21 Earnings

Flexsteel Industries, Inc. (NASDAQ:FLXS) is set to announce first quarter earning results on Monday 26th October 2020, after market close.

Previous Quarter Performance

Flexsteel Industries, Inc. posted loss for the fourth quarter of $ 0.47 per share, from the revenue of $ 64.81 million.

Stock Performance

On Friday, shares of Flexsteel Industries, Inc. has traded high as $ 26.74 and has cracked $ 25.36 on the downward trend, reaching $ 26.30 with volume of 52.00 thousand shares.

According to the previous trading day, closing price of $ 26.30, representing a 221.13 % increase from the 52 week low of $ 7.81 and a 16.29 % decrease over the 52 week high of $ 29.96.

The company has a market capital of $ 202.33 million and is part of the Consumer Cyclical sector and Home Furnishings & Fixtures industry.

Flexsteel Industries, Inc., together with its subsidiaries, manufactures, imports, and markets residential and contract upholstered and wood furniture products in the United States. Its products include sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs, and bedroom furniture for use in home, healthcare, and other contract applications, as well as hotel, recreational vehicle, marine, and office applications. The company distributes its products through its sales force and independent representatives.