Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Īhead of this earnings release, the estimate revisions trend for Flux Power Holdings, Inc. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? What's Next for Flux Power Holdings, Inc. Shares have lost about 20.3% since the beginning of the year versus the S&P 500's decline of -3.8%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.įlux Power Holdings, Inc. The company has topped consensus revenue estimates three times over the last four quarters. This compares to year-ago revenues of $6.47 million. , which belongs to the Zacks Electronics - Miscellaneous Products industry, posted revenues of $7.69 million for the quarter ended December 2021, missing the Zacks Consensus Estimate by 3.15%. Over the last four quarters, the company has surpassed consensus EPS estimates just once.įlux Power Holdings, Inc. A quarter ago, it was expected that this company would post a loss of $0.30 per share when it actually produced a loss of $0.30, delivering no surprise. This quarterly report represents an earnings surprise of -45.45%. These figures are adjusted for non-recurring items. This compares to loss of $0.29 per share a year ago.
Flux power earnings free#
( FLUX Quick Quote FLUX - Free Report) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.22. View source version on businesswire.Flux Power Holdings, Inc.
All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Flux Power’s LiFT Packs, including the proprietary battery management system (BMS), provide customers with a better performing, more environmentally friendly, and lower total cost alternative, in many instances, to traditional lead acid and propane-based solutions.įlux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. ( Flux Power designs, develops, manufactures, and sells advanced rechargeable lithium-ion energy storage solutions for lift trucks and other industrial equipment including airport ground support equipment (GSE), energy storage for solar applications, and industrial robotic applications. A recording of the conference call will be available on the Flux Power website.Ībout Flux Power Holdings, Inc. Please join approximately 10 minutes prior to the start of the call. Investors and analysts interested in joining the call are invited to dial (833) 428-8374 or (270) 240-0543 for international callers. Flux Power will host a conference call at 4:00 PM Eastern Time to discuss its financial results. (“ Flux Power”) (NASDAQ CM: FLUX), a developer of advanced lithium-ion industrial batteries for commercial and industrial equipment, today announced that its financial results for FY2020 will be released before the market opens on Monday, September 28, 2020.
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