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Investing.com - Flexsteel reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Flexsteel announced earnings per share of $0.09 on revenue of $95.70. Analysts polled by Investing.com EPS of $0.35 on revenue of $96.38M.
Flexsteel 's are down 24.37% and is trading at $13.63 , still down 56.56% from its 52 week high of $31.38 set on Wednesday, December 8, 2021.
Flexsteel follows other major Consumer Discretionary sector earnings this month
Flexsteel's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $1.05 on revenue of $21.45B, EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, for EPS of $0.922 on revenue of $12.28B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar